Aebi Schmidt Q2 net sales rise 9%

Aebi Schmidt Holding AG

13/08/2026 12:17

Overview
Switzerland specialty vehicles maker's Q2 net sales rose 9% yr/yr, driven by operational improvements
Q2 net income swung to $10.5 mln from a loss in prior year quarter
Adjusted EBITDA for Q2 increased 22% yr/yr, reflecting synergies and efficiency gains

Outlook
Aebi Schmidt confirms 2026 net sales guidance of $1.95 bln to $2.15 bln
Company maintains 2026 adjusted EBITDA guidance of $175 mln to $195 mln
Company now expects 2026 year-end leverage of 2.0x or slightly above

Result Drivers
ORDER MOMENTUM - Q2 order intake rose 16% and backlog expanded 20%, supported by Airport, Walk-in Van, Municipal and large Truck Body orders
OPERATIONAL IMPROVEMENTS - Net sales growth driven by execution of operational improvements and expanded market footprint
PRODUCTION RAMP-UP - North America net sales saw substantial organic growth from successful Walk-in Van backlog conversion after production ramp-up

Company press release: ID:nGNXSZlr7

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
$496.41 mln
 
Q2 Net Income
 
$10.47 mln
 
Q2 Adjusted EBITDA
 
$42.11 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Aebi Schmidt Holding AG is $15.00, about 15.5% above its August 12 closing price of $12.99
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)