AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

RENK Group AG

Earnings Release Feb 19, 2009

6515_rns_2009-02-19_d32a9d31-ea56-4c9f-a461-bbc72f2bfdad.html

Earnings Release

Open in Viewer

Opens in native device viewer

News Details

Ad-hoc | 19 February 2009 08:51

RENK AG: Financial statements as of Dec. 31, 2008

RENK AG / Final Results

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.


RENK: Financial statements as of Dec. 31, 2008

RENK rises to half a billion euros

The RENK Group closed fiscal 2008 with the best performance in its history.
Operating profit climbed 18 percent to a record EUR80 million. The sales
uptrend of previous years continued in 2008, too. RENK recorded another
sales boost, from EUR430 million to EUR527 million, to which all four
divisions contributed. Despite the weaker market already evident in late
2008, order intake at EUR443 million again mounted slightly.

In view of flagging market momentum we expect 2009 to show a decline in new
orders that, anticipating a slight drop in sales, will also weigh on
operating profit.

Augsburg, February 19, 2009

RENK AG
19.02.2009 Financial News transmitted by DGAP


Language: English
Issuer: RENK AG
Gögginger Str. 73
86159 Augsburg
Deutschland
Phone: 0821-5700-227
Fax: 0821-5700-573
E-mail: [email protected]
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


Talk to a Data Expert

Have a question? We'll get back to you promptly.