Schmid Group NV reports 2024 sales of €61 million and unadjusted EBITDA of €-56 million

Reuters

Nov 18

Schmid Group NV reports 2024 sales of €61 million and unadjusted EBITDA of €-56 million

Schmid Group NV reported preliminary, unaudited sales of approximately €61.0 million for the financial year 2024, with adjusted EBITDA around €0 million and unadjusted EBITDA at approximately €-56.0 million. The 2024 results were impacted by a significant decline in demand in China and special effects, including an IFRS2 accounting charge of about €-71.7 million and costs related to the Nasdaq listing and de-SPAC transaction totaling €6.7 million. A gain of up to €22.3 million was recognized from the sale and deconsolidation of the battery division. For 2025, Schmid forecasts sales between €72.0 million and €77.0 million, with unadjusted EBITDA expected to be around 15% of sales. Business developments included ongoing negotiations for a new financing package, restructuring of financial liabilities, and a majority shareholder waiver of €5.0 million in financial liabilities. The financial figures for 2024 remain subject to change pending audit completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schmid Group NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001139369-en) on November 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2584673534"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2584673534\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2584673534?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-18 01:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2584673534","market":"fut","top_or_hot":-1,"title":"Schmid Group NV reports 2024 sales of €61 million and unadjusted EBITDA of €-56 million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Schmid Group NV reports 2024 sales of €61 million and unadjusted EBITDA of €-56 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Schmid Group NV reported preliminary, unaudited sales of approximately €61.0 million for the financial year 2024, with adjusted EBITDA around €0 million and unadjusted EBITDA at approximately €-56.0 million. 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The 2024 results were impacted by a significant decline in demand in China and special effects, including an IFRS2 accounting charge of about €-71.7 million and costs related to the Nasdaq listing and de-SPAC transaction totaling €6.7 million. A gain of up to €22.3 million was recognized from the sale and deconsolidation of the battery division. For 2025, Schmid forecasts sales between €72.0 million and €77.0 million, with unadjusted EBITDA expected to be around 15% of sales. Business developments included ongoing negotiations for a new financing package, restructuring of financial liabilities, and a majority shareholder waiver of €5.0 million in financial liabilities. The financial figures for 2024 remain subject to change pending audit completion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schmid Group NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001139369-en) on November 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nNDL5hLjqL:1","article_id":"2584673534","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584673534","pubTimestamp":1763401218,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Schmid Group NV reported preliminary, unaudited sales of approximately 61.0 million for the financial year 2024, with adjusted EBITDA around 0 million and unadjusted EBITDA at approximately -56.0 million. The 2024 results were impacted by a significant decline in demand in China and special effects, including an IFRS2 accounting charge of about -71.7 million and costs related to the Nasdaq listing and de-SPAC transaction totaling 6.7 million. A gain of up to 22.3 million was recognized from the sale and deconsolidation of the battery division. For 2025, Schmid forecasts sales between 72.0 million and 77.0 million, with unadjusted EBITDA expected to be around 15% of sales. Business developments included ongoing negotiations for a new financing package, restructuring of financial liabilities, and a majority shareholder waiver of 5.0 million in financial liabilities. The financial figures for 2024 remain subject to change pending audit completion.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","SHMD":"SCHMID GROUP N.V.","BK4585":"ETF&股票定投概念","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4112":"金融交易所和数据","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","NDAQ":"纳斯达克OMX交易所","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","BK4145":"电子制造服务"},"translate_title":"Schmid Group NV报告2024年销售额为6100万欧元，未经调整EBITDA为-5600万欧元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NDAQ":0.9,"SHMD":0.9},"content_text":"Schmid Group NV reports 2024 sales of €61 million and unadjusted EBITDA of €-56 million\n    \n\n        Schmid Group NV reported preliminary, unaudited sales of approximately €61.0 million for the financial year 2024, with adjusted EBITDA around €0 million and unadjusted EBITDA at approximately €-56.0 million. The 2024 results were impacted by a significant decline in demand in China and special effects, including an IFRS2 accounting charge of about €-71.7 million and costs related to the Nasdaq listing and de-SPAC transaction totaling €6.7 million. A gain of up to €22.3 million was recognized from the sale and deconsolidation of the battery division. For 2025, Schmid forecasts sales between €72.0 million and €77.0 million, with unadjusted EBITDA expected to be around 15% of sales. Business developments included ongoing negotiations for a new financing package, restructuring of financial liabilities, and a majority shareholder waiver of €5.0 million in financial liabilities. The financial figures for 2024 remain subject to change pending audit completion.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schmid Group NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001139369-en) on November 17, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}