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Wiadomości Przejdź do aktualności
Renk sells slide bearings business to Miba
Renk is selling its slide bearings business (Hannover site, since Oct. 2025 operated as Renk Bearings) to Miba; the purchase price was not disclosed. The civil marine & industry business remains unaffected. Renk will focus on the defense business and aims for a defense share of around 90% of sales by 2030. The Slide Bearings business will be reported as discontinued operations from Q4, and Renk adjusts its full-year guidance to around €1.4 billion in sales and adjusted EBIT of €240–255 million. » Więcej na finanzen.net
RENK receives order worth around €130 million for Leopard 2 transmissions
The defense supplier RENK is to supply transmissions, transmission controls and gear selection switches to KNDS for the Leopard 2 battle tank and other vehicles. The order is valued at around €130 million. Deliveries begin in 2029 and are to be completed in 2032. » Więcej na finanzen.net
JPMorgan lowers price target for RENK to €62, rating remains "Overweight"
JPMorgan has reduced the price target for RENK from €75 to €62, but keeps the recommendation at "Overweight". The bank expects the operating result in the third quarter could be slightly disappointing, but anticipates strong results in the important Vehicle Mobility Solutions (VMS) area. » Więcej na finanzen.net
