RENK Group announces supervisory board chair change
Shareholders approved all agenda items and a €0.58 dividend; Dr. Klaus Richter was elected Supervisory Board Chairman with 99.0% approval, succeeding Claus von Hermann.
See the latest news and media coverage for RENK Group. We track all announcements, press releases, and industry mentions in real time, all in one place.
Global propulsion and drivetrain technology provider
renk.comLast updated
In short: RENK Group achieved record order intakes and revenues, confirmed its growth strategy, and appointed Dr. Klaus Richter as Supervisory Board Chairman.
Shareholders approved all agenda items and a €0.58 dividend; Dr. Klaus Richter was elected Supervisory Board Chairman with 99.0% approval, succeeding Claus von Hermann.
The transmission has been in service for over four decades in NATO and partner countries. RENK is developing a next-generation version.
Order intake reaches €582.3 million, backlog hits €6.9 billion, revenue up 4% to €283.6 million, adjusted EBIT margin improves to 15.0%. Guidance confirmed.
It expands proven military drivetrain technology into the wheeled armored vehicle market for platforms up to 620 kW. The product debuts at Eurosatory 2026 in Paris.
At the Eurosatory defense trade fair in Paris, Renk is currently celebrating its latest drive technology. On the stock exchange, however, there is a hangover mood. The entire defense sector is under massive pressure...
The Augsburg-based group is expanding its portfolio: Together with the Finnish technology company, Renk wants to build its first own tank.
Renk records record orders and receives broad shareholder approval, while the stock price continues to lag behind operational metrics.
Augsburg - Order books are bursting, margins are rising, but the stock market shrugs its shoulders. When the shareholders of the drive and transmission manufacturer Renk Group AG...
Track RENK Group and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.