RENK Group AG

Quarterly Report • Apr 30, 2009

News Details

Ad-hoc | 30 April 2009 08:38

RENK AG: Q1/2009 interim report pursuant to Sec. 37x 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: Q1/2009 interim report pursuant to Sec. 37x Securities Trading Act
('WpHG')

RENK now experiencing the effects of the economic crisis

The shrinkage in order intake suffered by Germany's export-reliant
mechanical engineering industry has now impacted on RENK, too:

First-quarter order intake slumped 40% from the year-earlier 115 million to
68 million euros in 2009. In stark contrast, Q1 sales shrank by a modest 6%
from 119 million to 111 million euros.

In line with the sales trend, the Q1 operating profit (EBIT) diminished
from 19 million to 15 million euros, and net income (EAT) from 13 million
to 10 million euros. RENK's earnings per share came to 1.52 euros (down
from 1.95).

RENK expects sales and operating profit for all of 2009 to show a moderate
decline.

Augsburg, April 30, 2009

RENK AG

Executive Board
30.04.2009 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

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