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 '22	Mar '23	Jun '23	Dec '23	Mar '24	Jun '24
net income	-12.18M -	-1.97M 83.84%	14.78M 851.40%	13.42M 9.22%	-2.78M 120.70%	10.29M 470.30%
depreciation and amortization	24.93M -	18.74M 24.85%	19.84M 5.89%	20.23M 1.94%	18.65M 7.79%	19.17M 2.77%
deferred income tax
stock based compensation
change in working capital	34.64M -	18.16M 47.56%	-7.03M 138.72%	-6.44M 8.46%	8.79M 236.52%	-34.00M 486.87%
accounts receivables	14.86M -			-38.39M -
inventory	19.51M -	-22.82M 217.00%	-12.95M 43.26%	-2.59M 79.97%	-17.57M 577.29%	-16.22M 7.70%
accounts payables
other working capital	271K -	40.99M 15,024.35%		34.55M -	26.36M 23.72%	-17.78M 167.47%
other non cash items	10.21M -	45.49M 345.51%	-2.29M 105.02%	68.51M 3,098.38%	38.63M 43.61%	56.02M 45.01%
net cash provided by operating activities	42.10M -	20.12M 52.21%	25.85M 28.47%	14.28M 44.76%	8.43M 41.00%	-3.07M 136.44%
investments in property plant and equipment	-10.76M -	-3.95M 63.30%	-5.85M 48%	-13.23M 126.31%	-7.87M 40.51%	-5.00M 36.53%
acquisitions net	-3.93M -	-34.76M 784.55%	543K 101.56%	-76K 114.00%	5K 106.58%	48K 860%
purchases of investments	-10K -
sales maturities of investments				1.43M -
other investing activites	1.78M -	1.50M 16.15%	791K 47.09%	1.15M 44.88%	3.85M 236.39%	4.14M 7.34%
net cash used for investing activites	-12.92M -	-37.22M 188.09%	-6.78M 81.79%	-10.73M 58.31%	-7.87M 26.69%	-810K 89.70%
debt repayment	-2.12M -			-50.02M -	-7.80M 84.41%
common stock issued				1.95M -	1.98M 1.64%	781K 60.52%
common stock repurchased
dividends paid
other financing activites	92K -			50M -	-2.60M 105.20%
net cash used provided by financing activities	31.16M -	-559K 101.79%	1.56M 378.53%	29.32M 1,783.11%	-6.29M 121.46%	-126K 98.00%
effect of forex changes on cash		-61K -	21K 134.43%		319K -
net change in cash	60.34M -	-13.60M 122.53%	20.65M 251.86%	32.19M 55.92%	-6.89M 121.41%	-5.63M 18.40%
cash at beginning of period	98.34M -	158.68M 61.36%	145.08M 8.57%	76.45M 47.30%	108.65M 42.11%	101.75M 6.34%
cash at end of period	158.68M -	145.08M 8.57%	165.73M 14.23%	108.65M 34.44%	101.75M 6.34%	96.13M 5.53%
operating cash flow	42.10M -	20.12M 52.21%	25.85M 28.47%	14.28M 44.76%	8.43M 41.00%	-3.07M 136.44%
capital expenditure	-10.76M -	-3.95M 63.30%	-5.85M 48%	-13.23M 126.31%	-7.87M 40.51%	-5.00M 36.53%
free cash flow	31.34M -	16.17M 48.40%	20.00M 23.70%	1.05M 94.75%	554K 47.24%	-8.07M 1,555.96%

R3NK

COM:RENK

RENK AG

Last Close

20.63

22/11 13:03

Market Cap

2.58B

Beta: -

Volume Today

2.70K

Avg: -

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