SCHMID Group N.V. reports H1 2025 Financial Results and Guidance Update

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FREUDENSTADT, Germany, Dec. 17, 2025 (GLOBE NEWSWIRE) — SCHMID Group N.V. (NASDAQ: SHMD), a global leader in providing solutions to the high-tech electronics, photovoltaics, glass, and energy systems industries, reports its unaudited financial results for the first half of 2025, covering the period ended June 30, 2025 and updates its full-year 2025 guidance.

Key Highlights

• Revenues: €16.9 million for the six months ended June 30, 2025 compared to €29.7 million for the same period last year due to lower order volumes in Asia, Europe and the USA

• Gross Profit: €-1.7 million for the six months ended June 30, 2025 compared to €5.6 million for the same period last year principally as a result of the low revenue

• Other income: €6.1 million for the six months ended June 30, 2025 mainly results from FX translation effects on foreign currency liabilities, which arose due to the weaker performance of the USD compared to the Euro. In the same period of last year, other income was €10.4 million.

• Operating Result: €-7.8 million for the six months ended June 30, 2025 compared to €-70.1 million for the same period last year principally as a result of the low revenue and negative gross profit.

• Adjusted EBITDA (non-IFRS)*: €-5.3 million for the six months ended June 30, 2025 compared to €6.1 million for the same period last year

Revenue and Operating Results for H1 2025

SCHMID Group N.V.’s revenues and gross profits were lower in the first half of 2025 than in the comparable period of 2024, in particular due to weak revenues in Asia, China and Europe. The production plant in Freudenstadt was not operating at full capacity in the first quarter of 2025. Order intake improved noticeably in the middle of the second quarter of 2025. Since then, both production plants of the Company have been operating at full capacity again. However, due to accounting for new orders, such new orders did not yet translate into corresponding sales in the six month period ended June 30, 2025. The low sales level led to a negative gross profit in the first half year 2025.

The Group’s operating results were impacted by the negative gross profit. However, the valuation of financial liabilities denominated in USD resulted in a positive valuation effect after the USD has performed weakly against the Euro in the first half year. Nevertheless, the Group achieved a negative operating result for the first half of the year overall.

Adjusted Outlook for 2025 and Update on Financial Status of SCHMID

We published an outlook for 2025 in the Company’s Form…