Aebi Schmidt swings to nine-month net profit of USD 21.9 million
AEBI•Aebi Schmidt reported net profit of USD 21.9 million for the first nine months of 2026, with net sales of USD 1.4 billion and a 16% increase in order backlog to USD 1.3 billion. It expects full-year sales of USD 1.95–2 billion and year-end leverage below 2.5 times.
1. Nine-month results
Aebi Schmidt swung to net profit of USD 21.9 million in the first nine months of 2026. Net sales rose to USD 1.4 billion, and its order backlog at the end of September increased 16% to USD 1.3 billion.
2. Outlook and acquisition
The group expanded its municipal business with the acquisition of Denver-based OJ Watson. For full-year 2026, it expects net sales of USD 1.95–2 billion and year-end leverage below 2.5 times.
