RENK Group AG

Interim / Quarterly Report • Oct 29, 2009

News Details

Ad-hoc | 29 October 2009 08:27

RENK AG: Shrinking order intake and still relatively stable sales characterize RENK’s business situation

RENK AG / Interim Report

29.10.2009

Dissemination 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: 9-month 2009 interim report pursuant to

Sec. 37x German Securities Trading Act ('WpHG')

Shrinking order intake and still relatively stable sales characterize
RENK's business situation

The ongoing crisis in the German mechanical engineering sector since late
2008 has to date mainly been reflected in subsiding order activity at RENK:

Order intake plunged 37% from 353 to 224 million euros. At 348 million
euros, sales sank a mere 8% from the year-earlier 378 million euros.

Operating profit showed a clear year-on-year decline, down 23% from 61 to
47 million euros. Net income (EAT) diminished from 43 to 32 million euros,
earnings per share slipping to 4.75 euros (down from 6.32 euros a year
ago).

For the year 2009, RENK still looks to a total order intake of over 400
million euros once the expected contract for transmissions to go into the
German PUMA Infantry Fighting Vehicle has been awarded. Therefore, RENK
reaffirms its midyear forecast for all of 2009 according to which sales
will fall well short of the 500 million euro threshold while the return on
sales (ROS) is predicted to top 10%.

Augsburg, October 29, 2009

RENK AG

The Executive Board

29.10.2009 Financial News transmitted by DGAP

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Language: English
Company: 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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