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and more\",\"route\":\"\\/en\\/about-us\\/further-resources\\/\",\"children\":[]}]},{\"id\":3445138,\"key\":\"contact\",\"name\":\"Contact\",\"shortDescription\":null,\"route\":\"\\/en\\/contact\\/\",\"children\":[{\"id\":3445139,\"key\":\"regional-sites\",\"name\":\"Local Subsidiaries & Dealers\",\"shortDescription\":\"Learn more about offers and contacts of our local subsidiaries, search locations and dealers worldwide\",\"route\":\"\\/en\\/contact\\/local-subsidiaries-dealers\\/\",\"children\":[]},{\"id\":3445140,\"key\":\"purchasing\",\"name\":\"Purchasing\",\"shortDescription\":\"Learn more about the purchasing and supply chain management of the Aebi Schmidt Group\",\"route\":\"\\/en\\/contact\\/purchasing\\/\",\"children\":[]},{\"id\":3445141,\"key\":\"general-inquiry\",\"name\":\"General Inquiry\",\"shortDescription\":\"Couldn't find your contact? Send us a message.\",\"route\":\"\\/en\\/contact\\/general-inquiry\\/\",\"children\":[]}]}]}","getNavigation",{"breadcrumbs":-1,"pageDefaults":85,"contentLanguage":49,"routeContext":45},{"path":86,"jsonLd":87},"/CMS/news/blog/",[88,93],{"@context":89,"@type":90,"abstract":91,"url":92},"http://schema.org","Blog","Aebi Schmidt Group Blog","https://www.aebi-schmidt.com/blog/",{"@context":89,"@type":90,"abstract":91,"url":92},{"page":95},{"id":96,"name":97,"shortDescription":98,"pageType":75,"releasedLanguages":99,"blogPost_pageImageFormat":51,"modificationDate":100,"blogPost_image":101,"blogPost_image_no_fp":122,"blogPost_date":134,"blogPost_introduction":135,"blogPost_tags":136,"blogPost_attachments":98,"parent":148,"content":154,"__typename":17,"cta":98},"3449392","Aebi Schmidt Group reports 9% growth in Order Intake, continued increase in Order Backlog of 23%, strong underlying growth and profitability, and confirms full-year 2026 guidance",null,[49,50],1778755376,{"fullpath":102,"metadata":98,"modificationDate":103,"resolutions":104,"resolutions_webp":112,"dimensions":117,"__typename":121},"/CMS/Blog/AebiSchmidtGroup_PressRelease_Picture.jpg",1713888128,[105,109],{"url":106,"resolution":107,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture.76774376.jpg",1,"resolutions",{"url":110,"resolution":111,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture@2x.76774376.jpg",2,[113,115],{"url":114,"resolution":107,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture.76774376.webp",{"url":116,"resolution":111,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-full-wide-cover-fp/AebiSchmidtGroup_PressRelease_Picture@2x.76774376.webp",{"height":118,"width":119,"__typename":120},1200,1800,"dimensions","asset",{"fullpath":102,"metadata":98,"modificationDate":103,"resolutions":123,"resolutions_webp":128,"dimensions":133,"__typename":121},[124,126],{"url":125,"resolution":107,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture.a1a743f0.jpg",{"url":127,"resolution":111,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture@2x.a1a743f0.jpg",[129,131],{"url":130,"resolution":107,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture.a1a743f0.webp",{"url":132,"resolution":111,"__typename":108},"/CMS/Blog/157145/image-thumb__157145__is-8-width/AebiSchmidtGroup_PressRelease_Picture@2x.a1a743f0.webp",{"height":118,"width":119,"__typename":120},"2026-05-14 00:00:00","\u003Cp>Frauenfeld, Switzerland, May 14, 2026 – Aebi Schmidt Group (NASDAQ: AEBI) (“Aebi Schmidt”, the “Group”, or the “Company”), a world-class specialty vehicles leader, reports strong order momentum and increased adjusted EBITDA.\u003C/p>",[137,141,145],{"id":138,"name":139,"tagname":139,"__typename":140},"3445176","Investors","object_BTag",{"id":142,"name":143,"tagname":144,"__typename":140},"3437561","Press release","Pressrelease",{"id":146,"name":147,"tagname":147,"__typename":140},"8001","Group",{"parent":149,"__typename":153},{"parent":150,"__typename":153},{"id":151,"route":152,"__typename":17},"3445136","/en/news/","object_CContainer",[155,158],{"layout":51,"caption":98,"text":156,"image":98,"image21fp":98,"__typename":157},"\u003Cul>\n\u003Cli>Strong order momentum, with Q1 2026 Order Intake up 9% vs Q1 2025\u003Csup>2\u003C/sup> and Order Backlog expanding by 23% vs Q1 2025 to $1.3b\u003C/li>\n\u003Cli>Net Sales of $456m in Q1 2026, in line with Q1 2025 and growing 7% excluding $26.3m Blue Arc sales in Q1 2025 \u003C/li>\n\u003Cli>Adjusted EBITDA\u003Csup>1\u003C/sup> of $33.1m in Q1 2026, up 6% vs Q1 2025, representing 7.3% of Net Sales, a margin increase of ~40bps vs Q1 2025, driven by 201% increase in Europe and Rest of World (RoW)\u003C/li>\n\u003Cli>Net Income of $0.7m in Q1 2026, an increase of 7% vs Q1 2025\u003C/li>\n\u003Cli>Aebi Schmidt Group on track to deliver full year 2026 guidance expecting sales in $1.95 to $2.15b range, adjusted EBITDA in $175 to $195m range and leverage ≤ 2.0x\u003C/li>\n\u003C/ul>\n\u003Cp>\u003Cbr />“Aebi Schmidt Group delivered a strong start to 2026, with meaningful order growth and improved profitability compared to last year\u003Csup>2\u003C/sup>," said Barend Fruithof, Group CEO of Aebi Schmidt. "Our order intake is up 9% vs Q1 2025 and we are performing as expected."\u003Cbr />\u003Cbr />\u003C/p>\n\u003Cp>\u003Cstrong>First Quarter\u003Csup>2\u003C/sup> 2026 Financial Results\u003C/strong>\u003C/p>\n\u003Cul>\n\u003Cli>Q1 2026 Order Intake increased 9% vs Q1 2025, with solid growth in North America, driven by \u003Ca href=\"/en/products-solutions/products/airport-maintenance/\" target=\"_blank\" class=\"keyword-link\">Airport\u003C/a> and \u003Ca href=\"/en/products-solutions/products/municipal-solutions/\" target=\"_blank\" class=\"keyword-link\">Municipal\u003C/a>, and a continued recovery in Walk-in-Vans orders\u003C/li>\n\u003Cli>March 31, 2026 Order Backlog grew 23% to $1.3 billion vs March 31, 2025\u003Csup>2\u003C/sup>, providing visibility into expected significant growth in 2026\u003C/li>\n\u003Cli>Net Sales of $456m, in line with Q1 2025 despite a challenging environment and growing 7% excluding $26.3m of Blue Arc sales in Q1 2025.\n\u003Cul>\n\u003Cli>Europe and RoW Net Sales with substantial organic growth of 16% vs Q1 2025\u003C/li>\n\u003C/ul>\n\u003C/li>\n\u003Cli>Q1 2026 Net Income of $0.7m, increased $0.1m from $0.6m in Q1 2025\u003C/li>\n\u003Cli>Adjusted EBITDA in Q1 2026 of $33.1m, a 6% increase vs Q1 2025 sustaining strong momentum toward our 2026 adjusted EBITDA guidance\n\u003Cul>\n\u003Cli>North America adjusted EBITDA of $26.4m, a decrease of $2.6m or 9% vs prior year quarter\u003Csup>2\u003C/sup>, driven by ramp-up expenses to convert strong Walk-in-Vans orders into revenue beginning in Q2 2026\u003C/li>\n\u003Cli>Europe and RoW delivered a record first quarter, with adjusted EBITDA tripling to $6.8m vs prior year quarter, driven by improved pricing and volume in new business, as well as strong After Sales\u003C/li>\n\u003C/ul>\n\u003C/li>\n\u003C/ul>\n\u003Cp> \u003C/p>\n\u003Cp>“The Group experienced strong order momentum in the first quarter, driven by Airport and Municipal,” commented Marco Portmann, Group CFO. “We expect revenue conversion, especially in Walk-in-Vans, to accelerate beginning in the second quarter, with quarterly revenue increasing sequentially in 2026, and a significantly stronger second half of the year.”\u003C/p>\n\u003Cul>\n\u003Cli>Net Working Capital\u003Csup>1\u003C/sup> improved to $449m at the end of Q1 2026, down 1% or $4m vs the end of Q1 2025 despite the expected ramp up of Net Sales beginning in the second quarter\u003C/li>\n\u003Cli>Net Debt of $455m at the end of Q1 2026, increasing $18m since the end of 2025, driven by investments in inventory, reflecting normal seasonal dynamics. Leverage\u003Csup>1\u003C/sup> at the end of March 2026 at 2.88x\u003C/li>\n\u003C/ul>\n\u003Cp> \u003C/p>\n\u003Cp>“We continue to drive improvements in our Net Working Capital through more efficient processes and improved capital allocation,” said Marco Portmann. “The inventory increase in Q1 2026 vs year-end 2025 is part of our normal seasonality, and we continue to work toward our leverage target of 2.0x by year-end 2026.”\u003C/p>\n\u003Cp> \u003C/p>\n\u003Cp>\u003Cstrong>First 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/et6k83dj/\" target=\"_blank\" rel=\"noopener\">https://edge.media-server.com/mmc/p/et6k83dj/\u003C/a> for the webcast, and\u003C/li>\n\u003Cli>\u003Ca href=\"https://register-conf.media-server.com/register/BIea067a43e9b54693b1d3410320f4775c\" target=\"_blank\" rel=\"noopener\">https://register-conf.media-server.com/register/BIea067a43e9b54693b1d3410320f4775c\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>_____________________________\u003C/p>\n\u003Cp>\u003Cem>[1]   See Non-GAAP Financial Measures for additional information regarding non-GAAP financial measures.\u003C/em>\u003C/p>\n\u003Cp>\u003Cem>[2]  Financial results up until June 30, 2025, provided as basis for comparison to our first quarter 2026 performance, include results for Aebi Schmidt and The Shyft Group on a combined basis inclusive of the period prior to the merger on July 1, 2025. This also applies to Q1 2025 figures used as the basis for year-over-year comparisons throughout this release, which are presented on a combined basis as if the merger 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 merger occurred on January 1, 2024.\u003C/em>\u003C/p>","fieldcollection_CTextImage",{"layout":159,"items":160,"__typename":167},"row",[161],{"title":162,"image":98,"externalUrl":98,"relation":51,"target":163,"targetAnchor":98,"cssClasses":98,"urlParametersFrom":98,"__typename":166},"Download Original Press Release",{"filename":164,"fullpath":165,"__typename":121},"2026-05-14_AebiSchmidtGroup_PressRelease_Q1_2026_EN.pdf","/Corporate/Press-Releases/free-to-use/2026-05-14_AebiSchmidtGroup_PressRelease_Q1_2026_EN.pdf","block_CInternalLink_items_entry","fieldcollection_CInternalLink",{"customerLinksData":169,"legalPageLinksData":173,"customerPageLinksData":177},["ShallowRef",170],{"customerLinks":171},{"edges":172,"__typename":41},[],["ShallowRef",174],{"page":175},{"id":176,"key":14,"fullpath":44,"name":14,"cta":98,"__typename":17},"273",["ShallowRef",178],{"page":179},{"id":180,"key":181,"fullpath":78,"name":181,"cta":182,"__typename":17},"274","customer",[183],{"layout":159,"items":184,"__typename":167},[185,192,195,203,212,216,224,231,234],{"title":186,"image":98,"externalUrl":51,"relation":51,"target":187,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":186},"Newsletter",{"id":188,"key":189,"fullpath":190,"name":186,"route":191,"__typename":17},"866","newsletter","/CMS/footer/newsletter","/en/newsletter/",{"title":193,"image":98,"externalUrl":194,"relation":51,"target":98,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":193},"Spare Parts","https://shop.aebi-schmidt.com?language=EN",{"title":196,"image":98,"externalUrl":51,"relation":51,"target":197,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":196},"Download Area",{"id":198,"key":199,"fullpath":200,"name":201,"route":202,"__typename":17},"3445237","further-resources","/CMS/about-us/further-resources","Further Resources","/en/about-us/further-resources/",{"title":204,"image":98,"externalUrl":51,"relation":51,"target":205,"targetAnchor":211,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":204},"CO₂ Calculator",{"id":206,"key":207,"fullpath":208,"name":209,"route":210,"__typename":17},"3435752","advisory & tools","/CMS/products-solutions/maintenance & service/advisory & tools","Advisory & Tools","/en/products-solutions/maintenance-service/advisory-tools/","co₂-calculator",{"title":213,"image":98,"externalUrl":51,"relation":51,"target":214,"targetAnchor":215,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":213},"TCO Calculator",{"id":206,"key":207,"fullpath":208,"name":209,"route":210,"__typename":17},"tco-calculator",{"title":217,"image":98,"externalUrl":51,"relation":51,"target":218,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":217},"Dealers & Locations",{"id":219,"key":220,"fullpath":221,"name":222,"route":223,"__typename":17},"3445139","regional-sites","/CMS/contact/regional-sites","Local Subsidiaries & Dealers","/en/contact/local-subsidiaries-dealers/",{"title":225,"image":98,"externalUrl":51,"relation":51,"target":226,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":225},"Product groups overview",{"id":227,"key":228,"fullpath":229,"name":225,"route":230,"__typename":17},"2684708","product-groups","/CMS/products-solutions/products/product-groups","/en/products-solutions/products/product-groups-overview/",{"title":232,"image":98,"externalUrl":233,"relation":51,"target":98,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":232},"IntelliOPS Login","https://apps.intelliops.online/",{"title":235,"image":98,"externalUrl":236,"relation":237,"target":98,"targetAnchor":51,"cssClasses":51,"urlParametersFrom":98,"__typename":166,"name":235},"CollabHub Login","https://www.aebi-schmidt.com/en/collabhub/","nofollow",{"210":239,"3445136":152,"3445139":223},"/en/products-solutions/products/",[241,251,259],{"target":242,"title":250},{"id":243,"name":244,"route":239},210,{"t":245,"b":246},0,{"t":111,"i":247,"s":250},[248],{"t":249},3,"Discover our products",{"target":252,"title":258},{"id":253,"name":254,"route":223},3445139,{"t":245,"b":255},{"t":111,"i":256,"s":258},[257],{"t":249},"Find your local contact",{"target":260,"title":266},{"id":261,"name":262,"route":152},3445136,{"t":245,"b":263},{"t":111,"i":264,"s":266},[265],{"t":249},"Check the latest news",1778755460008]