RENK Group AG Reports Strong H1 2025 Results

RENK Group AG announced significant growth in revenue and earnings for the first half of 2025. The company recorded a 47% increase in order intake, reaching €921 million, and a book-to-bill ratio of 1.5x. Total order backlog hit a record high of €5.9 billion. Revenue increased by 22% to €620 million, while adjusted EBIT rose to €89 million, a 29% rise. The EBIT margin improved to 14.4%.

The Vehicle Mobility Solutions segment led growth with a 66% increase in order intake and a 32% boost in revenue. In contrast, the Slide Bearings segment faced a 5% drop in order intake. Despite this specific decline, the company's outlook remains stable. RENK's management confirmed their full-year guidance with expected revenue exceeding €1.3 billion and EBIT between €210 million and €235 million.