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
revenue	697.66M -	848.97M 21.69%	925.50M 9.01%
cost of revenue	558.27M -	669.02M 19.84%	696.84M 4.16%
gross profit	139.39M -	179.95M 29.10%	228.66M 27.07%
selling and marketing expenses	47.03M -	48.14M 2.36%	51.75M 7.50%
general and administrative expenses	34.35M -	49.77M 44.87%	66.01M 32.64%
selling general and administrative expenses	84.66M -	98.94M 16.86%	116.96M 18.21%
research and development expenses	18.20M -	18.29M 0.52%	21.88M 19.62%
other expenses	-234K -	1.32M 665.81%	-7.02M 630.36%
cost and expenses	661.36M -	784.92M 18.68%	842.70M 7.36%
operating expenses	103.09M -	115.90M 12.42%	145.86M 25.85%
interest expense	37.78M -	39.89M 5.59%	35.84M 10.16%
ebitda	112.59M -	160.20M 42.28%	161.37M 0.73%
operating income	36.30M -	64.05M 76.45%	82.80M 29.28%
depreciation and amortization	76.29M -	96.15M 26.03%	78.57M 18.29%
total other income expenses net	-26.07M -	-49.30M 89.12%	-36.22M 26.53%
income before tax	10.23M -	14.75M 44.18%	46.58M 215.77%
income tax expense	11.11M -	-1.37M 112.30%	14.26M 1,143.92%
net income	-878K -	16.12M 1,935.76%	32.31M 100.44%
weighted average shs out	100M -	100M 0%	100M 0%
weighted average shs out dil	100M -	100M 0%	100M 0%
eps	-0.01 -	0.16 1,918.18%	0.32 100%
epsdiluted	-0.01 -	0.16 1,918.18%	0.32 100%

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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