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GlobeNewswire·

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

  • Q1 2026 Order Intake increased 9% vs Q1 2025 while Order Backlog grew 23% to $1.3 billion
  • Net Sales reached $456 million in Q1 2026, remaining flat vs Q1 2025 but growing 7% when excluding $26.3 million in Blue Arc sales from the prior year
  • Adjusted EBITDA rose 6% to $33.1 million in Q1 2026, representing a 7.3% margin an increase of ~40 basis points
  • Net Income for Q1 2026 was $0.7 million, a 7% increase from $0.6 million in Q1 2025
  • Europe 2 Rest of World regions drove adjusted EBITDA growth with a record quarter 261% increase to $6.8 million
  • North America adjusted EBITDA declined 9% to $26.4 million due to ramp-up expenses for converting Walk-in-Vans orders
  • Full year 2026 guidance remains on track with expected Net Sales of $1.95 to $2.15 billion 2 adjusted EBITDA of $175 to $195 million 2 leverage of ≤ 2.0x
  • Net Working Capital improved to $449 million at end of Q1 2026, down 1% vs Q1 2025
  • Net Debt increased $18 million to $455 million at end of Q1 2026, resulting in a leverage ratio of 2.88x
  • Company targets reducing leverage to 2.0x by end of 2026 through efficient processes 2 capital allocation