Aebi Schmidt Holding AG's Steffen Schewerda Acquires 3300 Shares at $12.18 Each.

Aebi Schmidt Holding AG, a publicly traded company, has announced that Steffen Schewerda, President of Powered Vehicles, has acquired 3,300 shares of the company at a price of $12.18 per share on August 19, 2025.

Title: Aebi Schmidt Holding AG Reports Mixed Second-Quarter Results and Acquires Shyft

Aebi Schmidt Holding AG reported mixed second-quarter results for the period ended June 30, 2025, with sales rising to $277.7 million, a 4.2% increase from a year earlier. The company recorded a net loss of $2.3 million ($0.06 per share) for the quarter and a small net loss of $0.3 million for the six months. Adjusted EBITDA for the six months was $42.6 million, down from $52.1 million a year earlier, and the adjusted EBITDA margin declined to 8.1%.

The balance sheet shows $63.6 million in cash, with inventories increasing to $297.5 million and total debt of $468.0 million as of June 30, 2025. Subsequent to the period, Aebi Schmidt closed the acquisition of Shyft on July 1, 2025, for a preliminary total consideration of approximately $442.5 million, issued 36,350,634 shares, and obtained a new $600 million credit facilities agreement that became effective at closing.

Steffen Schewerda, President of Powered Vehicles, acquired 3,300 shares of Aebi Schmidt Holding AG at a price of $12.18 per share on August 19, 2025. This transaction adds to the company's insider ownership and may indicate confidence in the company's future prospects.

The quarter delivered a 4% revenue increase to $277.7M but operating income fell and the company reported a quarterly net loss of $2.3M. Six-month Adjusted EBITDA declined from $52.1M to $42.6M and margin compressed to 8.1%. Working capital intensity rose as inventories climbed to $297.5M and contract assets increased, while cash stood at $63.6M. Reported total debt was $468.0M at period end; after-period financing and the Shyft acquisition add substantial post-period leverage. These trends suggest near-term margin pressure and greater financing risk despite revenue resilience.

The acquisition of Shyft is significant and will reshape Aebi Schmidt's scale and risks. The July 1, 2025, acquisition of Shyft for approximately $442.5M is transformative in scale and immediately material to Aebi Schmidt's North America footprint. The deal was accounted for as a forward merger with Aebi Schmidt as acquirer. Acquisition costs and integration will pressure near-term results, and the company secured a new $600M credit facilities agreement effective at closing, which funded repayment of legacy facilities and Shyft debt.

References:
[1] https://www.stocktitan.net/sec-filings/AEBI/10-q-aebi-schmidt-holding-ag-quarterly-earnings-report-5874ade80a3f.html