Aebi Schmidt Reports Q3 2026 Revenue Growth Driven by North American Expansion
Aebi Schmidt Holding AG reported third-quarter net sales of $493 million, a 4.6% year-over-year increase fueled primarily by organic growth in the North American market. The company's adjusted EBITDA rose 4.9% to $44.2 million, as effective cost management helped mitigate significant headwinds from material price inflation and geopolitical uncertainty. Despite challenges such as supplier insolvencies in Europe and weakened demand in China and the Middle East, the company saw a substantial 16% increase in its order backlog, reaching $1.3 billion. This momentum is largely driven by high demand for Walk-In Van upfits. While gross margins faced an 80 basis point contraction due to rising steel costs, operational efficiencies from the Shyft Group integration and improved production yields continue to bolster the bottom line.
Tickers: $AEBI.EUR
Topics: Adjusted EBITDA Geopolitical Uncertainty Net Sales North America Revenue Order Backlog