RENK Group AG posts strong earnings and MDAX boost

The Augsburg‑based defence specialist RENK Group AG reported robust financial results for 2023 and a solid outlook for 2025. Revenue rose to about €1.25 billion in 2023, a 15% increase over the previous year, while adjusted EBIT grew to roughly €164 million, improving the EBIT margin into the high single‑digit range. For 2025 the company projected revenue of €1.1 billion and an adjusted EBITDA of €189 million, representing a 17.3% margin, underpinned by an order book of similar size.

The strong performance has lifted RENK’s profile on the German equity market, moving the stock into the MDAX index and drawing greater interest from index funds and ETFs. Analysts note that the high backlog of defence contracts provides stable demand for the company’s specialised gearboxes and drive systems used in tanks, military vehicles and naval vessels, supporting continued profitability and investor confidence.