SCHMID Group N.V 6-K, filed Oct 21, 2026
SCHMID Group N.V. (SHMD)
About this 6-K
SCHMID Group N.V filed this 6-K on October 21, 2026.
SCHMID Group N.V. increased full-year 2026 order intake guidance from €125 to €150 million to more than €150 million. It secured an equipment order valued at more than €25 million for HDI capacity expansion in Malaysia. AI summary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number: 001-42040
SCHMID Group N.V.
(Translation of registrant’s name into English)
Robert-Bosch-Str. 32-36
72250 Freudenstadt, Germany
Tel: +49 7441 538 0
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
Third Quarter 2026 Business Update and Order Intake Guidance Increase
On October 21, 2026, SCHMID Group N.V. (the “Company”) issued a press release providing an operational update following the completion of the third quarter ended September 30, 2026. In the third quarter of 2026, the Company recorded order intake of €67.8 million and revenues of €24.0 million, and the order backlog stood at €96.8 million as of September 30, 2026.
Given strong order intake in Q3 and the concurrently announced equipment order of more than €25 million management is upgrading its order intake guidance from a range of €125 to €150 million to more than €150 million. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.
Equipment Order of More Than €25 Million
On October 21, 2026, the Company issued a press release announcing that it has reached an agreement with one of its key customers and long-standing technology partner on an equipment order with a value of more than €25 million to support the expansion of advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia. A copy of the press release is furnished as Exhibit 99.2 to this Report on Form 6-K.
Additional Conversions of 2028 Convertible Notes and Ordinary Shares Outstanding
In the course of September 2026, holders of the Company’s 7.00% Senior Convertible Notes due 2028 (the “2028 Convertible Notes”) converted an aggregate principal amount of $4 million (plus accrued interest) into 1,167,712 ordinary shares of the Company. Following these conversions, $5 million aggregate principal amount of the 2028 Convertible Notes remains outstanding. As of October 21, 2026, the Company had 62,805,666 ordinary shares outstanding (excluding 5,000,000 earn-out shares which have been issued but have not vested and are subject to forfeiture on April 30, 2027 if the applicable share price thresholds are not met).
The information furnished in this Report on Form 6-K, including the information contained in Exhibits 99.1 and 99.2, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.
Forward-Looking Statements
This Report on Form 6-K, including the exhibits hereto, contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s preliminary third quarter and first nine months of 2026 results, its financial outlook for fiscal year 2026, expected order intake, and the order described in Exhibit 99.2. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to a number of risks and uncertainties, including those described in the Company’s SEC reports and under the heading “Risk Factors” in its most recent annual report on Form 20-F, which are available at www.sec.gov. The Company undertakes no obligation to update any forward-looking statement, except as required by applicable law.
EXHIBIT INDEX
| 1 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| SCHMID Group N.V. | ||
| Date: | October 21, 2026 | |
| By: | /s/ Arthur Schuetz | |
| Name: | Arthur Schuetz | |
| Title: | Chief Financial Officer | |
| 2 |
Exhibit 99.1
Press Release
SCHMID Group N.V. Provides Third Quarter 2026 Business Update and Increases Order Intake Guidance
Freudenstadt, Germany, October 21, 2026 (GLOBE NEWSWIRE) – SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or “SCHMID”), a global leader in providing solutions for the electronics industry, today provided the following operational update following the completion of the third quarter of 2026.
Operational Update for the third quarter ended September 30, 2026
In the third quarter of 2026, the Company recorded order intake of €67.8 million and reported preliminary revenues of €24.0 million. Order intake in the third quarter more than doubled compared with the second quarter of 2026 (€30.7 million) and includes the repeat order exceeding €37 million announced on July 7, 2026. Cumulative order intake for the first nine months of 2026 amounts to €111.7 million, and revenues for the first nine months amount to €70.0 million.
The order backlog stood at €96.8 million as of September 30, 2026, compared with €54.8 million as of June 30, 2026. Order intake and order backlog figures relate exclusively to orders for equipment and do not include orders associated with services or spare parts.
Order momentum continuing into the fourth quarter
In a separate press release issued today, SCHMID announced that it has reached an agreement with one of its key customers and long-standing technology partner on an equipment order of more than €25 million to support the expansion of advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia. Of this order, more than €7 million was already included in order intake for the third quarter of 2026 with the remainder recorded as order intake in the fourth quarter of 2026.
Full-year 2026 guidance for order intake increased
For the full-year 2026, management confirms its guidance of revenues of more than €100 million and an Adjusted EBITDA margin of 6 to 9% (based on Adjusted EBITDA as defined in the Company’s press release dated August 25, 2026). Management increases its order intake guidance of from a range of €125 to €150 million to more than €150 million. The savings from our ‘Sprint’ I efficiency program progress as planned and “Sprint II” material cost savings program is showing first results.
Preliminary information and non-IFRS measures
The financial information presented in this press release for the third quarter of 2026, the first nine months of 2026 and the guidance for the full-year 2026 is preliminary and unaudited. Actual results may differ from the preliminary estimates presented herein. Order intake and order backlog are operational metrics used by management to evaluate the Company’s business activity and visibility of future revenue. These metrics are not measures defined under International Financial Reporting Standards (“IFRS”) and may not be comparable to similarly titled measures used by other companies.
Adjusted EBITDA is a non-IFRS financial measure. The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, adjusted to exclude certain non-recurring or non-operational items. Because Adjusted EBITDA excludes items that may be included in the most directly comparable IFRS measure, investors should not consider Adjusted EBITDA in isolation or as a substitute for measures prepared in accordance with IFRS. The Company is unable to provide a reconciliation of forward-looking Adjusted EBITDA guidance to the most directly comparable IFRS financial measure without unreasonable effort because certain items that impact such measures are uncertain, out of the Company’s control and cannot be reasonably predicted.
Forward-looking Statements
This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s preliminary third quarter and first nine months of 2026 results, financial outlook for fiscal year 2026, expected order intake and revenue growth, anticipated demand trends, and other statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the SEC on May 15, 2026, which is available on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
About the SCHMID Group
The SCHMID Group is a global leader in providing advanced equipment and process solutions for the high-tech industry, with a strong focus on electronics and semiconductor-related applications. Headquartered in Freudenstadt, Germany, and founded in 1864, SCHMID employs more than 800 people worldwide and operates technology centers and manufacturing facilities in Germany and China, as well as sales and service locations globally.
SCHMID develops customized systems and process solutions for the production of substrates, printed circuit boards and other electronic components. Its portfolio addresses a range of high-growth applications, including advanced packaging, semiconductor-related technologies, AI-driven electronics, printed circuit boards, substrates and glass-based technologies.
SCHMID’s solutions enable customers to achieve high technology levels, high yields, low production costs, maximum efficiency, quality, and sustainability in advanced manufacturing processes.
For more information about the SCHMID Group, please visit www.schmid-group.com or contact investor-relations@schmid-group.com.
Contact
investor-relations@schmid-group.com
Exhibit 99.2
Press Release
SCHMID Group Reaches Agreement on Significant Equipment Order to Support HDI Capacity Expansion in Malaysia
Long-standing strategic technology partnership reinforces SCHMID’s position in advanced electronics manufacturing
FREUDENSTADT, Germany, October 21, 2026 – SCHMID Group N.V. (NASDAQ: SHMD), a leading global provider of advanced manufacturing equipment and solutions for the electronics industry, today announced that it has reached an agreement with one of its key customers and long-standing technology partners on a significant equipment order valued at more than €25 million to support the expansion of advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia.
The agreement represents another important milestone in a well-established technology partnership and reflects the continued confidence of leading global electronics manufacturers in SCHMID’s equipment solutions, process expertise and ability to support complex industrial expansion projects.
The planned capacity expansion addresses the increasing technological requirements of next-generation electronic applications, where higher interconnect density, greater manufacturing precision and consistent production quality are becoming increasingly important.
SCHMID will support the project with its advanced manufacturing technologies and extensive process know-how, enabling the customer to expand its production capabilities while maintaining the demanding quality and reliability standards required for high-volume manufacturing.
Executive Statement – Roland Rettenmeier, Chief Sales Officer (CSO) of SCHMID Group, commented:
“This significant agreement reflects the strength of our long-standing technology partnership and the continued confidence of leading industry players in SCHMID’s capabilities.
We are proud to support our customer’s expansion of advanced HDI manufacturing capacity in Malaysia. The project underlines the competitiveness of our technology, our ability to support demanding industrial-scale manufacturing requirements, and the value of close, long-term collaboration with our strategic customers.
It also reinforces SCHMID’s position as a trusted technology partner in the global advanced electronics industry.”
Strengthening SCHMID’s Position in Advanced Electronics Manufacturing
The agreement further highlights SCHMID’s participation in the ongoing expansion of advanced electronics manufacturing capacity across Southeast Asia, an increasingly important region within the global semiconductor and high-performance electronics supply chain.
With its established global customer relationships, advanced process technologies and comprehensive manufacturing expertise, SCHMID remains well positioned to support the industry’s transition towards increasingly sophisticated interconnect architectures and higher-density electronic applications.
About the SCHMID Group
The SCHMID Group is a global leader in providing advanced equipment and process solutions for the high-tech industry, with a strong focus on electronics and semiconductor-related applications. Headquartered in Freudenstadt, Germany, and founded in 1864, SCHMID employs more than 800 people worldwide and operates technology centers and manufacturing facilities in Germany and China, as well as sales and service locations globally.
SCHMID develops customized systems and process solutions for the production of substrates, printed circuit boards and other electronic components. Its portfolio addresses a range of high-growth applications, including advanced packaging, semiconductor-related technologies, AI-driven electronics, printed circuit boards, substrates and glass-based technologies.
SCHMID’s solutions enable customers to achieve high technology levels, high yields, low production costs, maximum efficiency, quality, and sustainability in advanced manufacturing processes.
For more information about the SCHMID Group, please visit www.schmid-group.com or contact investor-relations@schmid-group.com.
