RENK Group AG develops, produces, and sells mission-critical drive solutions across diverse civil and military end markets. Its product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings and clutches, and test systems. The company was founded by Johann Julius Renk in 1873 and is headquartered in Augsburg, Germany.

RENK Group AG

RENK Test System GmbH

Horstman

RENK. We are the world’s leading specialists for pioneering solutions to control extreme forces throughout the drive train: In industrial applications, during energy production, in demanding naval applications, and tracked vehicles.
The result is innovative products and solutions that set standards when it comes to quality, precision, and reliability and represent the cutting edge of technology on the global market.

www.renk.com/en/data-protection/

RENK Group

Der Handelsblatt Energiegipfel bot uns als RENK eine hervorragende Plattform, um unsere Perspektive zur #Energiewende zu präsentieren und mit führenden Vertretern der Energiewende in den Austausch zu gehen. 
Nadine Despineux, CEO Marine & Industry bei RENK, diskutierte gestern im Panel „Wasserstoff Deep Dive“ die bedeutenden Herausforderungen und Chancen im Bereich Wasserstoff sowie die zentrale Rolle Deutschlands bei der Entwicklung des Energiemarktes. Wir stehen im Bereich #Wasserstoff vor der größten industriellen Transformation Deutschlands, im Bereich #Klimawandel vor der wahrscheinlich größten Herausforderung der heutigen Zeit! 
Hierin liegen aber auch große Chancen für #Innovation und nachhaltiges Wachstum – nicht nur für uns als RENK, sondern für den gesamten Wirtschaftsstandort Deutschland - denn nur gemeinsam können wir eine leuchtende, grünere Zukunft gestalten! 🌿🚀  
Vielen Dank ans Handelsblatt für dieses wertvolle Format und Ulrich Benterbusch und Jens Schmidt für die interessante Diskussion!
#HBEnergie 

We’re excited to be a part of some remarkable international industry #events in 2024. In the first quarter, the trade fairs we’ll be at are all about #security and #defense. Find out how we can be a trusted partner for you with our reliable technologies and innovative military solutions. If you are visiting as well, come by and say hello. We’re looking forward to meeting you.
For more details on our events this year, registration options, hall and stand numbers, live sessions or panels, visit our website
https://lnkd.in/e7QeKhiR

Welcome to the RENK family, Florian Malies!
Florian Malies joined the Ethics & Compliance department at RENK on January 1st as Lead Compliance Officer. In this new, global role, he heads the Corporate Ethics & Compliance department, which is responsible in particular for the further development and expansion of the group-wide #compliance management system (CMS) at RENK. Florian brings many years of experience as a lawyer in the field of legal and compliance and was most recently responsible for setting up a CMS at a large German food manufacturer as Head of Compliance.
We wish him every success and a great start at RENK!

Celebrating a year since the initiation of EDINAF, the European Digital Naval Foundation project, our recent General Assembly in Brussels was a significant moment. Gathering key partners, the event fostered vital discussions on project advancement, technical needs, and naval combat challenges.
Two illuminating roundtables on naval combat clouds highlighted Europe's challenges and EDINAF's role in addressing them. Juan Ignacio Silvera Vez, EDINAF’s Project Coordinator, emphasized the project's progress, stating, "We're on track to meet the expectations set by both Ministries of Defence and the European Commission."
The assembly showcased the importance of collaboration among European Defence Fund projects. Together, we're shaping the future of digital naval #innovation in Europe! 
You can find more information about the project here: https://edinaf.eu/
#EDINAF #collaboration #technology

Team-Spirit made by RENK: Letzten Samstag (13.01.24) haben wir unseren FC Augsburg 1907 im Heimspiel gegen Bayer Leverkusen angefeuert und gefeiert! Das Gegentor in der 94. Minute war zwar ärgerlich, aber wir waren uns einig: Die Mannschaft hat klasse gespielt, starke Chancen herausgeholt und super durchgehalten.
Insgesamt haben wir mit 60 RENK Mitarbeitenden plus Begleitpersonen Stadion-Tickets in unserer Firmen-Verlosungsaktion ergattert – inklusive Fan-Schal mit RENK Branding. Die Stimmung war von Anfang bis zum Schluss ausgezeichnet und wir sind überzeugt, dass die Tore in der laufenden Saison auf jeden Fall noch kommen.
#FCAugsburg
#gamechanger

	Dec '21	Dec '22	Dec '23
account payables	65.82M -	66.63M 1.24%	123.61M 85.52%
accumulated other comprehensive income loss	19.15M -	22.96M 19.89%	22.48M 2.09%
cash and cash equivalents	97.55M -	158.68M 62.67%	108.65M 31.53%
cash and short term investments	97.55M -	158.68M 62.67%	108.65M 31.53%
common stock	25K -	25K 0%	100M 399,900%
deferred revenue	121.61M -	141.27M 16.16%	171.84M 21.64%
deferred revenue non current	39.40M -	72.79M 84.76%	44.15M 39.35%
deferrred tax liabilities non current	135.08M -	117.48M 13.03%	128.38M 9.27%
goodwill	76.95M -	79.25M 2.98%	93.03M 17.40%
goodwill and intangible assets	435.57M -	388.95M 10.70%	93.03M 76.08%
intangible assets	358.62M -	309.71M 13.64%
inventory	250.04M -	275.60M 10.22%	326.23M 18.37%
long term debt	608.74M -	613.32M 0.75%	521.25M 15.01%
long term investments	49.36M -	26.30M 46.73%	14.55M 44.68%
net debt	532.33M -	476.73M 10.44%	437.45M 8.24%
net receivables	195.25M -	245.79M 25.89%	278.49M 13.30%
other assets			1 -
other current assets	10.09M -	10.66M 5.67%	23.50M 120.39%
other current liabilities	98.86M -	111.18M 12.47%	93.31M 16.07%
other liabilities			1 -
other non current assets			581.76M -
other non current liabilities	25.99M -	17.41M 33.01%	22.99M 32.02%
othertotal stockholders equity	312.31M -	308.59M 1.19%	223.79M 27.48%
preferred stock
property plant equipment net	332.38M -	322.98M 2.83%	319.02M 1.23%
retained earnings	-23.19M -	-7.07M 69.51%	57.55M 914.05%
short term debt	15.76M -	17.71M 12.41%	18.59M 4.94%
short term investments	10.09M -	10.66M 5.67%
tax assets	49.31M -	53.35M 8.18%	73.66M 38.08%
tax payables	1.85M -	9.52M 413.15%	13.17M 38.31%
total assets	1.42B -	1.48B 4.42%	1.53B 3.08%
total current assets	552.93M -	690.73M 24.92%	736.86M 6.68%
total current liabilities	302.04M -	336.80M 11.51%	407.35M 20.95%
total debt	629.87M -	635.41M 0.88%	546.09M 14.06%
total investments	49.36M -	26.30M 46.73%	14.55M 44.68%
total liabilities	1.11B -	1.16B 4.19%	1.12B 2.91%
total liabilities and stockholders equity	1.42B -	1.48B 4.42%	1.53B 3.08%
total non current assets	866.62M -	791.58M 8.66%	791.14M 0.06%
total non current liabilities	809.21M -	821.01M 1.46%	716.75M 12.70%
total stockholders equity	308.29M -	324.51M 5.26%	403.82M 24.44%

R3NK

COM:RENK

RENK AG

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22/11 19:14

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2.58B

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