Aebi Schmidt Group Provides Post-Merge Investor Update

CH-Frauenfeld, Switzerland July 14, 2025 /PRNewswire/ – Aebi Schmidt Group (NASDAQ: AEBI) a world-class specialty vehicles leader, positioned to accelerate growth and drive exceptional value announced highlights of its recent combination with The Shyft Group along with its upcoming second quarter earnings conference call.

  • Trading under the ticker symbol “AEBI”, following completion of the merger with The Shyft Group, with a strong balance sheet
  • Focused on post-merger execution, well on track to deliver the targeted synergies, despite the dynamic operating environment, including the impact of tariffs
  • Announced second quarter 2025 earnings call date of August 14, 2025

 

Trading Highlights

  • Aebi Schmidt announced the successful completion of the previously announced merger with The Shyft Group on July 1, 2025.
  • The Shyft Group’s last trading day was Monday, June 30, 2025, and closed with a share price of $12.54.
  • The share exchange ratio under the merger was approximately 1.04, with an implied share price for Aebi Schmidt of $12.06.
  • Aebi Schmidt’s first day of regular way trading was Wednesday, July 2, 2025, and closed with a share price of $11.18.
  • Aebi Schmidt closed trading on Friday, July 11, 2025, at $11.07 following the first several days of regular way trading under the ticker symbol “AEBI”.

 

Financial Reporting Highlights

Aebi Schmidt’s CEO, Barend Fruithof, commented, “We are excited by the exceptional prospects for the future combined Company by delivering growth by driving commercial excellence. The team is well on track to deliver the targeted synergies of $25 to $30 million and strong operating results despite the dynamic operating environment, including the impact of tariffs. The leadership team is laser focused on executing to deliver on its commitments.”

  • The Company will report financial results under two segments with the following leadership:

      - North America led by Steffen Schewerda

      - Europe and Rest of World led by Henning Schröder

  • The independent, strong production footprints in both North America and Europe, servicing their respective markets, provide Aebi Schmidt with resiliency against potential trade barriers.
  • On an unaudited, proforma basis, the Company’s net debt as of June 30, 2025, was $503 million; Aebi Schmidt expects to maintain a prudent and flexible capital structure with deleveraging targeted over the next 12 to 18 months.
  • Fully diluted share count of 78.2 million with strong anchor shareholders.
  • The combined company has a strong balance sheet with an equity of well over $700 million, representing an equity ratio of approximately 40% as of the closing of the merger.

 

Second Quarter 2025 Financial Results Conference Call Date and Time

The Company will host its second quarter 2025 earnings conference call on Thursday, August 14, 2025, at 8:30 A.M. Eastern Time.

  • Participants can access the webcast and conference call at https://www.aebi-schmidt.com/investors
  • Barend Fruithof, Group Chief Executive Officer, and Marco Portmann, Group Chief Financial Officer, will lead the call.