Aebi Schmidt Group closes 2025 with exceptional order momentum, record Order Backlog, and significantly improved profitability; provides 2026 Financial Guidance and Board Update

Core Insights - Aebi Schmidt Group reported strong preliminary financial results for Q4 and full year 2025, highlighting exceptional order momentum and a record order backlog, positioning the company for growth in 2026 [1][4][5] Financial Performance - The Group's order intake in Q4 2025 increased by 46% compared to Q4 2024, with a record order backlog exceeding $1.2 billion, indicating a solid foundation for growth in 2026 [4][5] - Net sales for Q4 2025 reached $528 million, a 6% increase from $500 million in Q4 2024, while full year net sales totaled $1.907 billion, reflecting a 2% increase from 2024 [4][5] - Adjusted EBITDA for 2025 is expected to be slightly above the midpoint of the guidance range of $145 million to $165 million [4][5] 2026 Financial Outlook - For 2026, the company anticipates net sales between $1.95 billion and $2.15 billion, with adjusted EBITDA projected at $175 million to $195 million, driven by a recovery in walk-in-van orders and merger synergies [4][6] - The company expects significant organic growth and improved profitability, particularly in the second half of 2026, supported by a ramp-up in production [4][6] Board of Directors Update - The Board announced the nomination of Barend Fruithof, the Group CEO, for election as Chairman of the Board at the 2026 Annual General Meeting, with current Chairman Jim Sharman and Board member Peter Spuhler not standing for re-election [8][9][10] - The Board will reduce in size to eight members following the 2026 AGM, with Terri Pizzuto expected to become Vice Chairman and Andreas Rickenbacher as Lead Independent Director [10]