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
net income	-878K -	16.12M 1,935.76%	32.31M 100.44%
depreciation and amortization	76.29M -	96.15M 26.03%	78.57M 18.29%
deferred income tax
stock based compensation
change in working capital	2.01M -	-16.15M 904.89%	-58.51M 262.37%
accounts receivables	8.62M -	-45.99M 633.43%	-47.82M 3.98%
inventory	6.99M -	-23.91M 442.01%	-41.23M 72.42%
accounts payables
other working capital	-13.61M -	53.75M 495.05%	30.54M 43.19%
other non cash items	139.09M -	253.98M 82.60%	243.72M 4.04%
net cash provided by operating activities	79.54M -	87.90M 10.52%	49.91M 43.23%
investments in property plant and equipment	-32.81M -	-25.98M 20.80%	-28.05M 7.96%
acquisitions net	-350.47M -	-3.84M 98.90%	-34.25M 791.33%
purchases of investments		-10K -
sales maturities of investments	3.41M -		1.43M -
other investing activites	7.44M -	942K 87.34%	5.17M 448.62%
net cash used for investing activites	-372.43M -	-28.89M 92.24%	-60.87M 110.68%
debt repayment	-163.12M -	-2.12M 98.70%	-49.80M 2,246.84%
common stock issued	41.55M -		1.95M -
common stock repurchased
dividends paid
other financing activites	-213K -	-2.40M 1,028.17%	-27.78M 1,056.10%
net cash used provided by financing activities	202.46M -	55K 99.97%	-50.09M 91,174.55%
effect of forex changes on cash	1.09M -	2.07M 89.03%	-315K 115.23%
net change in cash	-89.33M -	61.13M 168.43%	-50.03M 181.84%
cash at beginning of period	186.88M -	97.55M 47.80%	158.68M 62.67%
cash at end of period	97.55M -	158.68M 62.67%	108.65M 31.53%
operating cash flow	79.54M -	87.90M 10.52%	49.91M 43.23%
capital expenditure	-32.81M -	-25.98M 20.80%	-28.05M 7.96%
free cash flow	46.73M -	61.92M 32.51%	21.86M 64.70%

R3NK

COM:RENK

RENK AG

Last Close

20.23

25/11 09:14

Market Cap

2.58B

Beta: -

Volume Today

10.68K

Avg: -

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