Aebi Schmidt announces Q3 revenue of $471.325 million, falling short of consensus estimate of $488.14 million.
"The entire new Aebi Schmidt Group has been focusing on executing the integration and realizing the expected synergies from the acquisition of the Shyft Group, and we are very happy to see a significant step-up in profitability in the first quarter after closing the transaction," said Barend Fruithof, Group CEO. "We also see the significant potential from our sales excellence methodology uplifting the Shyft business, with our governance and operating model fully implemented in the combined Group."
