Aebi Schmidt Reports Strong Q3 Growth Post-Shyft Acquisition
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Aebi Schmidt Holding AG reported strong Q3 growth following the acquisition of The Shyft Group. Sales increased by 79% to $471.3 million, and net income reached $1.2 million. Total assets more than doubled to over $2 billion. The acquisition expanded market presence and product offerings. Management focuses on integrating Shyft’s operations and leveraging synergies for future growth, while addressing global trade policy and market fluctuation risks.
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