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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000RENK730
Tue, 13.08.2024
RENK Group AG
H1 2024 results: RENK Group AG continues successful business development with record figures – more precisely defined financial guidance at upper end of the forecast range
H1 revenue increase to € 510 million (H1 2023: € 410 million) – growth of 24.4% driven by defense and aftermarket-related business
Adjusted H1 EBIT grows by 9.4% to € 69 milli [ … ]
Mon, 12.08.2024
RENK Group AG
Change in the Executive Board of RENK Group AG
Christian Schulz, CFO of RENK Group AG, resigns from office with effect from September 30, 2024 in agreement with the Supervisory Board
Anja Mänz-Siebje, Head of Corporate Finance and CFO of RENK GmbH, has been appointed Chief Financial and IT Officer of RENK Group AG as of October 1, 2024
Augsburg, [ … ]
Wed, 26.06.2024
RENK Group AG
Augsburg, June 26, 2024 – Today, RENK Group AG, a leading manufacturer of drive solutions for the military and civilian sector, held its first Annual General Meeting after successful IPO on February 7, 2024. The shareholders in attendance – representing 75,47% of total voting share capital – assented to all proposals by the Management Board and Sup [ … ]
Wed, 26.06.2024
RENK Group AG
Augsburg, June 26, 2024 – Today, RENK Group AG, a leading manufacturer of drive solutions for the military and civilian sector, held its first Annual General Meeting after successful IPO on February 7, 2024. The shareholders in attendance – representing 75,47% of total voting share capital – assented to all proposals by the Management Board and Sup [ … ]
Wed, 15.05.2024
RENK Group AG
Q1 2024 results: RENK Group AG starts into the new fiscal year with strong revenue growth – guidance confirmed
Strong revenue growth driven by defense and aftermarket-related business: € 238 million (Q1 2023: € 194 million)
Order intake at € 208 million (Q1 2023: € 458 million),
USD 100 million contract awarded by the US Army in April
Total ord [ … ]
Wed, 27.03.2024
RENK Group AG
Fiscal year 2023: RENK Group AG continues profitable growth trajectory
Further revenue growth: 926 million euros (2022: 849 million euros)
Record for order intake: approaching 1.3 billion euros (2022: 987 million euros)
Total order backlog at record high (4.6 billion euros)
EBIT: 150 million euros (2022: 144 million euros)
Sustained strong gr [ … ]
Tue, 05.03.2024
RENK Group AG
RENK expands Executive Board
The Supervisory Board of RENK Group AG has appointed Dr. Alexander Sagel as the company's third member of the Executive Board.
Augsburg - March 05, 2024 - The Supervisory Board of RENK Group AG has appointed Dr. Alexander Sagel, who holds a doctorate in engineering, as a member of the Executive Board with effect fr [ … ]
Tue, 27.02.2024
RENK Group AG
Successful refinancing and rating upgrade
Following its successful public listing on February 7, 2024, RENK Group AG also pushed ahead with the refinancing of its debt. The €520m corporate bond (5.75% senior secured notes due 2025) was redeemed on February 20 and replaced by a €525m term loan from a consortium of banks. The term loan has a maturit [ … ]
Fri, 09.02.2024
Citigroup Global Markets Europe AG
9 February 2024
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
RENK Group AG
Full Exercise of the Greenshoe Option and Post-stabilisation Period Announcement
Citigroup Global Markets Europe AG (contact: Nikolaus Dominkus; telephone: +496913 [ … ]
Fri, 09.02.2024
Citigroup Global Markets Europe AG
6 February 2024
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
RENK Group AG
Pre-stabilisation Period Announcement
Citigroup Global Markets Europe AG (contact: Nikolaus Dominkus; telephone: +496913668312) hereby gives notice, as Stabilisati [ … ]