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RENK is a leading global supplier of highly specialized drive and control technology

In the first half of 2025, incoming orders rose by a whopping 47% to €921 million - a new record level. The total order backlog has now reached €5.9 billion. The Vehicle Mobility Solutions (VMS) segment performed particularly strongly, continuing to be the Group's growth driver with incoming orders of €681 million (+66%).


Further highlights:

- Book-to-bill ratio: 1.5x - RENK receives more orders than are currently being delivered.

- Sales growth: +22% to € 620 million, adjusted EBIT increased by 29% to € 89 million.

- Annual forecast: Executive Board confirms target of over € 1.3 billion in sales and € 210-235 million in EBIT for 2025.

- Positive outlook: The Executive Board expects further major orders in the 4th quarter.


Conclusion: RENK continues to benefit enormously from the high demand in the defense sector. The full order books ensure growth and planning security for the coming quarters as well.


$R3NK (-1,77%) -> 25 shares were invested as the first tranche

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