earnings
confidence high
sentiment positive
materiality 0.75
Aebi Schmidt Q1 order intake +9%, backlog $1.3B (+23%), adj. EBITDA +6%, confirms FY guidance
Aebi Schmidt Holding AG
2026-Q1 EPS reported
$0.01
revenue$455,545,000
- Order intake +9% vs Q1 2025; order backlog $1.3B (+23%) gives visibility into significant 2026 growth.
- Net sales $456M, flat YoY but +7% excluding $26.3M Blue Arc sales; adj. EBITDA $33.1M (+6%, margin 7.3% up 40bps).
- Europe/RoW adj. EBITDA tripled to $6.8M on pricing/volume; North America adj. EBITDA -9% to $26.4M on Walk-in-Vans ramp-up.
- Full-year 2026 guidance reaffirmed: sales $1.95-$2.15B, adj. EBITDA $175-$195M, leverage target ≤2.0x by year-end.
- Net debt $455M, leverage 2.88x; net working capital $449M, down $4M YoY despite expected sales ramp.