on RENK Group AG (isin : DE000RENK730)
RENK Group Achieves Record Order Intake and Backlog in Q1 2025
RENK Group AG announced a remarkable start to 2025, with a significant rise in order intake, reaching €549 million, marking a 163.5% increase compared to Q1 2024. This surge propelled the total order backlog to a new high of €5.5 billion. Revenue witnessed a substantial growth of 14.7%, amounting to €273 million, while adjusted EBIT soared by 38.1% to €38 million, enhancing the margin to 14.1%.
The Vehicle Mobility Solutions (VMS) segment was a primary growth driver, experiencing a 404.2% increase in order intake due to critical defense contracts, resulting in a 28.1% rise in revenue. Conversely, the Marine & Industry (M&I) segment faced a moderate revenue decline yet saw a 54.7% increase in adjusted EBIT.
The company's board reaffirms its 2025 forecast, with expectations of over €1.3 billion in revenue. RENK remains on course to meet its long-term goals, underpinned by a strong order backlog.
R. E.
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