Aebi Schmidt Holding AG reported its financial results for the first half of 2025, revealing a slight decrease in sales to $907.5 million, down $8.5 million or 0.9% from $916.0 million in the same period in 2024. The company experienced a net loss of $7.3 million, a significant decline from a net income of $14.4 million in the previous year. Adjusted EBITDA for the first half of 2025 was $65.7 million, representing a 7.2% margin, a decrease from $67.1 million or a 7.3% margin in the first half of 2024. Regionally, sales in Europe and the Rest of the World increased by 2.5%, driven by strong momentum with airport customers, although the agriculture business lagged. In contrast, North America saw a 2.0% decline in sales, affected by weakness in the walk-in-van sector during the second quarter. Looking ahead, the company has issued a financial outlook for the combined entity of Aebi Schmidt and Shyft, projecting sales between $1.85 billion and $2.0 billion. The adjusted EBITDA is forecasted to be in the range of $145 million to $165 million. The merger integration activities are reportedly yielding positive results, positioning the company to meet evolving customer needs and create long-term value for shareholders. Furthermore, Aebi Schmidt anticipates increased demand for walk-in vans in North America and aims to capitalize on a strong order backlog of $1.1 billion, which provides substantial revenue visibility for the second half of 2025.