Added to YB: 2026-10-02
Pitch date: 2026-09-22
R3NK.DE [neutral]
RENK Group AG
-11.84%
current return
Author Info
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Company Info
RENK Group AG engages in the design, engineering, production, testing, and servicing of customized drive systems in Asia, Germany, the United States, Africa, Australia, Oceania, and other European and European Union countries.
Market Cap
EUR 3.8B
Pitch Price
EUR 41.06
Price Target
N/A
Dividend
1.54%
EV/EBITDA
16.74
P/E
38.11
EV/Sales
3.02
Sector
Machinery
Category
growth
RENK (R3NK Germany): Growth accelerates in the second half
R3NK.DE (update): Renk still targets €1.5bn of 2026 revenue and adjusted EBIT toward the upper end of €255-285m, despite just 2.7% H1 growth. Vehicle Mobility Solutions should drive the required H2 acceleration, including €80-100m from Israeli transmission shipments, while resolved supplier and logistics issues support improvement elsewhere. A 1.9x H1 book-to-bill signals strong demand, but meeting guidance requires a considerable sales step-up.
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