SCHMID Group (SHMD) Q2 FY26 earnings call

SCHMID Group navigated a transitional first half of 2026, marked by significant balance sheet restructuring and cost optimization efforts. The company reported strong order intake momentum, particularly in Q3, driven by flip chip BGA substrate and AI server board capacity investments. While H1 margins were pressured by mix and scale, management anticipates a stronger second half and a promising 2027, underpinned by increased order visibility and strategic capacity expansion in China.