Lates News

The SCHMID Group's pre-market rise of over 12% was mainly due to the company raising its full-year order guidance and completing a $20 million convertible bond financing. The company's second-quarter order volume was 30.7 million euros with revenue of 27.7 million euros. Including the repeat orders announced on July 7th of over 37 million euros, the total order volume from the beginning of the year to date has reached 81.6 million euros. Based on the improved order momentum, the company has raised its full-year order guidance from around 114 million euros to a range of 125 to 150 million euros.