Overview

• Renk's Q1 2025 order intake surged by 164% year-on-year to €549 million, with revenue rising to €273 million, reflecting strong defense-sector demand.
• The company’s order backlog now stands at €5.5 billion, positioning it for sustained growth in the global rearmament landscape.
• CEO Alexander Sagel has prioritized expanding production capacity at Renk's Augsburg and Rheine facilities to fulfill record orders efficiently.
• Renk aims to grow annual revenue from €1.3 billion to €2 billion by 2028, leveraging its unique position as Europe’s sole supplier of heavy-duty transmissions for 40–70 ton tracked vehicles.
• Ongoing shareholder negotiations between Triton and KNDS over equity options highlight Renk's strategic importance in European defense projects.