SCHMID Group Raises 2026 Order Intake Guidance After Strong Q2 Demand
SCHMID Group (SHMD) said Tuesday it raised its 2026 order intake guidance to 125 million euros ($142.7 million) to 150 million euros from about 114 million euros. The company said it maintained its annual revenue outlook of more than 100 million euros. The company reported its Q2 order intake of 30.7 million euros and revenue of 27.7 million euros. SCHMID said its equipment order backlog stood at 54.8 million euros at the end of Q2. Shares of the company were up 12.8% in Wednesday's premarket activity.
SCHMID Group (SHMD) said Tuesday it raised its 2026 order intake guidance to 125 million euros ($142.7 million) to 150 million euros from about 114 million euros.
The company said it maintained its annual revenue outlook of more than 100 million euros.
The company reported its Q2 order intake of 30.7 million euros and revenue of 27.7 million euros.
SCHMID said its equipment order backlog stood at 54.8 million euros at the end of Q2.
Shares of the company were up 12.8% in Wednesday's premarket activity.