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.
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Global propulsion and drivetrain technology provider
renk.comLast updated
In short: RENK Group achieved record order intakes and backlogs in early 2026 while expanding its military drivetrain portfolio and refreshing leadership.
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.
A major order from the Bundeswehr for recovery vehicles causes the Renk stock to rise. The defense supplier benefits from the procurement offensive and the planned KNDS IPO.
Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution - 19. Jun 2026 ...
RENK Group Aktie aktuell: Kurs bei 47,85 Euro trotz Rüstungsboom. Starke Orderlage, Dividende und Analysten-Kursziele im Überblick - Chancen und Risiken 2026 für Anleger.
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...
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