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Improvement",[52,53],1786614608,{"fullpath":175,"metadata":103,"modificationDate":176,"resolutions":177,"resolutions_webp":185,"dimensions":190,"__typename":194},"/CMS/Blog/AebiSchmidtGroup_PressRelease_Picture.jpg",1713888128,[178,182],{"url":179,"resolution":180,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture.76774376.jpg",1,"resolutions",{"url":183,"resolution":184,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture@2x.76774376.jpg",2,[186,188],{"url":187,"resolution":180,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture.76774376.webp",{"url":189,"resolution":184,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture@2x.76774376.webp",{"height":191,"width":192,"__typename":193},1200,1800,"dimensions","asset",{"fullpath":175,"metadata":103,"modificationDate":176,"resolutions":196,"resolutions_webp":201,"dimensions":206,"__typename":194},[197,199],{"url":198,"resolution":180,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture.a1a743f0.jpg",{"url":200,"resolution":184,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture@2x.a1a743f0.jpg",[202,204],{"url":203,"resolution":180,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture.a1a743f0.webp",{"url":205,"resolution":184,"__typename":181},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture@2x.a1a743f0.webp",{"height":191,"width":192,"__typename":193},"2026-08-13 00:00:00","\u003Cp>Frauenfeld, Switzerland, August 13, 2026 – Aebi Schmidt Group (NASDAQ: AEBI) (“Aebi Schmidt”, the “Group”, or the “Company”), a world-class specialty vehicles leader, reports strong order momentum, net sales growth and increased profitability.\u003C/p>",[210,214,218],{"id":211,"name":212,"tagname":212,"__typename":213},"8001","Group","object_BTag",{"id":215,"name":216,"tagname":217,"__typename":213},"3437561","Press release","Pressrelease",{"id":219,"name":220,"tagname":220,"__typename":213},"3445176","Investors",{"parent":222,"__typename":226},{"parent":223,"__typename":226},{"id":224,"route":225,"__typename":17},"3445136","/en/news/","object_CContainer",[228,231],{"layout":54,"caption":103,"text":229,"image":103,"image21fp":103,"__typename":230},"\u003Cul>\n\u003Cli>Continued strong order momentum, with Q2 2026 Order Intake of $516m, up 16% vs Q2 2025 and Order Backlog of $1,279m expanding 20% vs Q2 2025\u003C/li>\n\u003Cli>Net Sales of $496m in Q2 2026, up 9% vs Q2 2025, with Order Backlog beginning to translate into higher Net Sales, largely attributable to execution of operational improvements and expanded market footprint\u003C/li>\n\u003Cli>Net Income of $10.5m in Q2 2026, up $18m vs Q2 2025\u003C/li>\n\u003Cli>Adjusted EBITDA\u003Csup>1\u003C/sup> of $42.1m in Q2 2026, up 22% vs Q2 2025, representing 8.5% of Net Sales, with Adjusted EBITDA increasing over-proportionally vs Net Sales growth, driven by realized synergies, and efficiency improvements from operational ramp-up\u003C/li>\n\u003Cli>Aebi Schmidt Group confirms full-year 2026 guidance\u003Csup>3\u003C/sup> of Net Sales of $1.95b to $2.15b and Adjusted EBITDA\u003Csup>1\u003C/sup> of $175m to $195m, supported by strong order momentum, continued commercial execution and ongoing operational improvements\u003C/li>\n\u003C/ul>\n\u003Cp> \u003C/p>\n\u003Cp>"Aebi Schmidt delivered an excellent second quarter, marked by a significant improvement in profitability," said Barend Fruithof, Chairman and Group CEO of Aebi Schmidt. "Adjusted EBITDA¹ increased 22%, over-proportionally to an already strong 9% growth in Net Sales, reflecting the execution of operational initiatives."\u003C/p>\n\u003Cp> \u003C/p>\n\u003Cp>\u003Cstrong>Second Quarter\u003Csup>2\u003C/sup> 2026 Financial Results\u003C/strong>\u003C/p>\n\u003Cul>\n\u003Cli>Q2 2026 Order Intake increased 16% vs Q2 2025, supported by \u003Ca href=\"/en/products-solutions/products/airport-maintenance/\" target=\"_blank\" class=\"keyword-link\">Airport\u003C/a>, Walk-in Van, \u003Ca href=\"/en/products-solutions/products/municipal-solutions/\" target=\"_blank\" class=\"keyword-link\">Municipal\u003C/a> and a large Truck Body order\u003C/li>\n\u003Cli>June 30, 2026, Order Backlog grew 20% to $1,279m vs June 30, 2025, providing visibility into expected growth for the remainder of 2026 and beyond\u003C/li>\n\u003Cli>Net Sales of $496m, a 9% increase vs Q2 2025, driven by strengthening market footprint, sales excellence improvement programs and solid execution across key end markets\n\u003Cul>\n\u003Cli>North America Net Sales with substantial organic growth of 11% vs Q2 2025 driven by successful Walk-in Van backlog conversion following completion of production ramp-up, together with continued strength in Airport and Municipal\u003C/li>\n\u003Cli>Europe and RoW with solid 7% year-over-year growth, driven by continued sales execution and healthy underlying demand\u003C/li>\n\u003C/ul>\n\u003C/li>\n\u003Cli>Q2 2026 Net Income of $10.5m from a loss of $7.9m in Q2 2025\u003C/li>\n\u003Cli>Adjusted EBITDA\u003Csup>1\u003C/sup> in Q2 2026 of $42.1m, a 22% increase vs Q2 2025, sustaining strong momentum toward our 2026 Adjusted EBITDA\u003Csup>1\u003C/sup> guidance\u003Csup>3\u003C/sup>\n\u003Cul>\n\u003Cli>North America Adjusted EBITDA of $35.5m, an increase of $6.3m or 22% vs prior year quarter, reflecting completed Walk-in Van production ramp-up and strong contributions from \u003Ca href=\"/en/products-solutions/maintenance-service/\" target=\"_blank\" class=\"keyword-link\">Service\u003C/a> Bodies and Airport\u003C/li>\n\u003Cli>Europe and RoW delivering another strong quarter, with Adjusted EBITDA of $6.6m, an increase of $1.3m or 25% vs prior year quarter, driven by higher gross margins in both new equipment and aftermarket, together with strong cost discipline\u003C/li>\n\u003C/ul>\n\u003C/li>\n\u003C/ul>\n\u003Cp> \u003C/p>\n\u003Cp>“The Group upheld its strong momentum in the second quarter, driven by Airport, Walk-in Van and Municipal,” commented Marco Portmann, Group CFO. “We expect continued strong revenue conversion in the back half of the year, with revenue increasing sequentially through the rest of the year.”\u003C/p>\n\u003Cul>\n\u003Cli>Net Working Capital\u003Csup>1\u003C/sup> improved to $449m at the end of Q2 2026, down 4% or $17m vs the end of Q2 2025 despite continued strong sales growth, reflecting structural efficiency gains\u003C/li>\n\u003Cli>Net Debt\u003Csup>1\u003C/sup> of $450m at the end of Q2 2026, decreasing $5m since the end of Q1 2026. Leverage\u003Csup>1\u003C/sup> at 2.72x at the end of Q2 2026 vs 3.28x at the end of Q2 2025\u003C/li>\n\u003C/ul>\n\u003Cp> \u003C/p>\n\u003Cp>“Our continued focus on working capital efficiency and disciplined capital allocation is translating into stronger cash generation and ongoing deleveraging going forward,” said Marco Portmann. “Nonetheless, we are slightly updating our leverage guidance\u003Csup>3\u003C/sup>, now expecting to end 2026 with a leverage of 2.0x or slightly above, reflecting temporary investments in securing our supply chain and protecting our margins.”\u003C/p>\n\u003Cp> \u003C/p>\n\u003Cp>\u003Cstrong>Second Quarter 2026 Earnings Call\u003C/strong>\u003C/p>\n\u003Cp>The Company will host an earnings conference call and webcast today at 8:30am Eastern Time. Investors and analysts can access the conference call and webcast, including conference call materials, at \u003Ca href=\"https://www.aebi-schmidt.com/investors\" target=\"_blank\" rel=\"noopener\">https://www.aebi-schmidt.com/investors\u003C/a>, or directly through: \u003C/p>\n\u003Cul>\n\u003Cli>\u003Ca href=\"https://edge.media-server.com/mmc/p/zezjzoxj/\" target=\"_blank\" rel=\"noopener\">https://edge.media-server.com/mmc/p/zezjzoxj/\u003C/a> for the webcast, and\u003C/li>\n\u003Cli>\u003Ca href=\"https://register-conf.media-server.com/register/BI503275d72b6241de9941e252348e9fe9\" target=\"_blank\" rel=\"noopener\">https://register-conf.media-server.com/register/BI503275d72b6241de9941e252348e9fe9\u003C/a> for the live conference call with the ability to ask questions during the Q&A.\u003C/li>\n\u003C/ul>\n\u003Cp>_____________________________\u003C/p>\n\u003Cp style=\"padding-left: 40px;\">\u003Csup>\u003Cem>[1]   See Non-GAAP Financial Measures for additional information regarding non-GAAP financial measures.\u003C/em>\u003C/sup>\u003C/p>\n\u003Cp style=\"padding-left: 40px;\">\u003Csup>\u003Cem>[2]  Financial results up until June 30, 2025, include results for Aebi Schmidt and The Shyft Group on a combined basis inclusive of the period prior to the acquisition on July 1, 2025. This also applies to 2025 figures used as the basis for year-over-year comparisons throughout this release, which are presented on a combined basis as if the acquisition had closed on January 1, 2024. Historical information presented on a combined basis does not reflect any pro-forma adjustments or adjustments for costs related to integration activities, cost savings or synergies that have occurred or may be achieved if the acquisition occurred on January 1, 2024.\u003C/em>\u003C/sup>\u003C/p>\n\u003Cp style=\"padding-left: 40px;\">\u003Csup>\u003Cem>[3]   Guidance assumes continued normalization of geopolitical uncertainty, tariff discussions and related inflationary pressures through year-end.\u003C/em>\u003C/sup>\u003C/p>","fieldcollection_CTextImage",{"layout":111,"items":232,"__typename":167},[233],{"title":234,"image":103,"externalUrl":103,"relation":54,"target":235,"targetAnchor":103,"cssClasses":103,"urlParametersFrom":103,"__typename":120},"Download Original Press Release",{"filename":236,"fullpath":237,"__typename":194},"2026-08-13_AebiSchmidtGroup_Q2 26 Earnings Call PressRelease EN.pdf","/Corporate/Press-Releases/free-to-use/2026-08-13_AebiSchmidtGroup_Q2%2026%20Earnings%20Call%20PressRelease%20EN.pdf",{"210":239,"3445136":240,"3445139":241},"/en-ca/products-solutions/products/","/en-ca/news/","/en-ca/contact/local-subsidiaries-dealers/",[243,253,261],{"target":244,"title":252},{"id":245,"name":246,"route":239},210,{"t":247,"b":248},0,{"t":184,"i":249,"s":252},[250],{"t":251},3,"Discover our products",{"target":254,"title":260},{"id":255,"name":256,"route":241},3445139,{"t":247,"b":257},{"t":184,"i":258,"s":260},[259],{"t":251},"Find your local contact",{"target":262,"title":268},{"id":263,"name":264,"route":240},3445136,{"t":247,"b":265},{"t":184,"i":266,"s":268},[267],{"t":251},"Check the latest news",1786617567487]