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DE000RENK730
State: 03.08.2023 | 6PM
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R3NK
RENK Group AG
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RENK Group AG
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DE000RENK730
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R3NK GR
Fri, 21.02.2025       RENK Group
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Dr Emmerich Schiller is appointed to the Management Board of RENK Group AG   Augsburg, February 21, 2025 – The Supervisory Board of RENK Group AG has appointed Dr Emmerich Schiller, who holds a doctorate in engineering, to the Management Board as COO with effect from March 1, 2025, thereby ensuring continuity in the implementation of the company'...
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Thu, 13.02.2025       RENK Group
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RENK Group AG reports strong order intake Marine order intake of almost €50 million in January and early February 2025 Vehicle Mobility Solutions (VMS) segment secures three major orders worth over €400 million Augsburg, February 13, 2024 – RENK Group AG, a leading provider of propulsion solutions for military and civilian applications, is succe...
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Mon, 10.02.2025       RENK Group
DE000RENK730

The shareholder Rebecca BidCo S.à r.l. has informed RENK Group AG ("RENK") that KNDS N.V. exercised the option to acquire 18,333,335 shares in RENK from Rebecca BidCo S.à r.l.. Implementation of the acquisition is subject to regulatory approvals. Contact: Mr. Florian Köhler Chief Legal and Compliance Officer Gögginger Straße 73 86159 Augsburg +49 (...
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Wed, 29.01.2025       RENK Group
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RENK Group AG – Preliminary, unaudited ResultsQ4/24 and FY 2024   Very strong Q4/24 and record result FY 2024 Order intake on record level: Full year € 1.4 billion; in Q4/24 increase by 60% Revenue: Full year € 1.1 billion (FY 2024 guidance: ~€ 1,100 million); in Q4/24 increase by 33% Adjusted EBIT: Full year € 189 million (FY 2024 guidan...
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Sun, 24.11.2024       RENK Group
DE000RENK730

Augsburg, November 24, 2024 – The supervisory board of RENK Group AG today complied with the wish of the CEO Susanne Wiegand to terminate her mandate with effect from end of January 31, 2025 for personal reasons. The Supervisory Board of RENK Group AG has appointed management board member Dr. Alexander Sagel, currently COO, as Susanne Wiegand’s suc...
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Wed, 13.11.2024       RENK Group
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Results 9M 2024: The RENK Group AG continues to demonstrate positive growth – Revenue up 19% in first nine months – Annual forecast confirmed   Consolidated sales revenue increases in 9M 2024 by 19.3% to € 778 million (9M 2023: € 653 million) Increase in adjusted EBIT for 9M 2024 to € 112 million (9M 2023: € 104 million) Vehicle Mobility Soluti...
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Tue, 13.08.2024       RENK Group
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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...
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Mon, 12.08.2024       RENK Group
DE000RENK730

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,...
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Mon, 12.08.2024       RENK Group
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Augsburg, 12 August 2024 – The supervisory board of RENK Group AG (“Company”) today complied with the wish of the member of the management board Christian Schulz to terminate his mandate with effect from end of 30 September 2024. The Supervisory Board of RENK Group AG has appointed Ms Anja Mänz-Siebje, currently Head of Corporate Finance and CFO of...
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Wed, 26.06.2024       RENK Group
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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...
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Wed, 26.06.2024       RENK Group
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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...
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Wed, 15.05.2024       RENK Group
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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...
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Wed, 27.03.2024       RENK Group
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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...
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Tue, 05.03.2024       RENK Group
DE000RENK730

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...
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Tue, 27.02.2024       RENK Group
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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...
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Fri, 09.02.2024       RENK Group
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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...
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Fri, 09.02.2024       RENK Group
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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...
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Wed, 07.02.2024       RENK Group
DE000RENK730

NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL   RENK Group AG goes public Globally leading manufacturer of mission-critical drive solutions across diverse military a...
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Tue, 06.02.2024       RENK Group
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NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL   RENK Group AG and Triton decided for final private placement volume of RENK Group AG shares Private placement of RENK...
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Mon, 05.02.2024       RENK Group
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NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL   RENK Group AG and Triton initiate private placement of RENK Group AG shares and aim for listing on February 7, 2024 P...
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