{
  "id": 4117742,
  "title": "SCHMID (SHMD) Nearly Tripled Revenue but Cut its Adjusted EBITDA Margin Outlook. Is China Growth Too Low-Margin?",
  "url": "https://urgent.news/2026/08/27/schmid-shmd-nearly-tripled-revenue-but-cut-its-adjusted-ebitda-margin",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T22:49:14.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/schmid-shmd-nearly-tripled-revenue-224914917.html"
  },
  "original_language": "en",
  "account": "Schmidt Group (NASDAQ: SHMD) reported a significant 172% increase in revenue to €46.0 million in the first half of 2026, despite cutting its adjusted EBITDA margin outlook. Gross profit rose to €9.8 million, boosting the gross margin to 21.2%. However, the company lowered its full-year adjusted EBITDA margin expectation to 6%-9% due to weaker profitability and a product mix favoring its lower-margin Chinese business. The company's company-defined non-IFRS adjusted EBITDA loss narrowed to €0.6 million from €11.6 million, and its IFRS operating loss remained at €8.0 million. China generated more than half of the revenue, but the higher Chinese mix resulted in a gross margin below expectations. The company maintains its revenue target of over €100 million and expects a stronger contribution from the German plant. SCHMD has attracted 15 hedge funds holding the shares as of the end of Q2 2026, up from 9 funds three months earlier. Despite the turnaround, the margin and cash flow components remain uncertain, and the company's investment potential is questioned.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}