RENK Group AG

Earnings Release • Oct 30, 2008

News Details

Ad-hoc | 30 October 2008 08:34

Renk AG: 3-quarter/2008 financial report pursuant to Sec. 37x German Securities Trading Act (‘WpHG’)

RENK AG / Interim Report

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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RENK AG: 3-quarter/2008 financial report pursuant to Sec. 37x German
Securities Trading Act ('WpHG')

Unchanged, RENK presenting solid performance figures

Despite the sharp deterioration in the economic climate in the course of
2008, RENK managed to continue along its path of success.

Order intake moved up 7% from EUR330 million to EUR353 million; sales were
once again strong and improved 29% from EUR293 million to EUR378 million.

The sales boost was also reflected in operating profit (EBIT), which surged
36% from EUR45 million to EUR61 million. Net income (EAT) was upgraded from
EUR30 million to EUR43 million, earnings per share (EpS) amounted to
EUR6.32 (up from EUR4.37).

RENK expects the business uptrend to continue for all of 2008. Order intake
is predicted to inch up, sales are forecasted at arount EUR500 million and,
assuming a 15% ROS, operating profit at EUR75 million.

Augsburg, October 30, 2008

RENK AG
The Executive Board
30.10.2008 Financial News transmitted by DGAP

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Language: English
Issuer: RENK AG
Gögginger Str. 73
86159 Augsburg
Deutschland
Phone: 0821-5700-227
Fax: 0821-5700-573
E-mail: winfried.scheller@renk.biz
Internet: www.renk.eu
ISIN: DE0007850000, DE0007850000
WKN: 785000
Listed: Regulierter Markt in München; Freiverkehr in Berlin,
Stuttgart; Open Market in Frankfurt

End of News DGAP News-Service

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