)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
RENK Group
RENK Group (R3NK) investor relations material
RENK Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Nov, 2026
Executive summary
9M order intake rose 33.6% to €1,664.4m; book-to-bill was 1.7x and backlog reached a record €7.6bn, supporting revenue visibility beyond 2030.
Revenue increased 5.8% to €981.978m and adjusted EBIT rose 12.7% to €158.818m; adjusted margin expanded 1.0 pp to 16.2%.
VMS and international defense demand led growth; industrial weakness weighed on M&I and Slide Bearings.
Portfolio actions included completing the David Brown Defence acquisition and agreeing to sell Slide Bearings to Miba; capacity expansion continued in Rheine and Augsburg.
Financial highlights
9M revenue was €981.978m versus €927.737m; Q3 revenue was €345m versus €308m, up 12.1% YoY.
9M adjusted EBIT was €158.818m versus €140.969m; Q3 adjusted EBIT was €61m versus €52m, up 17.2% YoY. Q3 margin was 17.6%.
Reported EBIT was €77.742m versus €95.547m; profit after tax was €25.552m versus €55.495m, reflecting F126-related project adjustments among other items.
Free cash flow more than doubled to €53.055m from €25.805m, supported by a €16.2m favorable net working-capital movement.
Outlook and guidance
FY 2026 continuing-operations guidance was revised to revenue of ~€1.4bn and adjusted EBIT of €240m–€255m; the upper half of the EBIT range remains targeted.
The ~€2bn FY order-intake target remains; 9M intake was €1,664m excluding Slide Bearings, with expected Q4 intake of ~€300m–€400m.
Q4 is strongly back-end loaded, with priorities including contractual deliveries and backlog-to-revenue conversion; higher shifts and overtime raise production costs.
Management expects meaningful year-end free-cash-flow growth potential; Q4 2026 FCF is expected to be at least at Q4 2025’s level, subject to working-capital timing.
VMS is progressing toward a 25% midterm margin target by 2030; planned capacity is 1,900–2,000 by 2030.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from RENK Group
- Q3 growth and orders strengthen the outlook as margin expansion continues.R3NK
Pre-close call - Record order intake, margin expansion, and strong backlog underpin a confident 2026 outlook.R3NKQ2 2026
- Record order intake and margin expansion drive strong H1 2026 performance and outlook.R3NKPre-close call
- Record Q1 order intake and strong backlog underpin confirmed 2026 guidance and margin targets.R3NKPre-close call
- Acquisition accelerates naval market leadership and growth, leveraging DB Defence's expertise.R3NKAcquisition presentation
- Record Q1 order intake and margin expansion driven by VMS underpin strong 2026 outlook.R3NKQ1 2026
- Record revenue, EBIT, and backlog driven by defense demand, with further growth expected in 2026.R3NKQ4 2025
- Record order intake, margin expansion, and robust defense-driven growth support strong outlook.R3NKQ3 2025
- Record revenue growth, strong margins, and a robust order backlog support further expansion.R3NKQ4 2024
Next RENK Group earnings date
CEO Strategy Update8 Dec, 2026
RENK Group
Next RENK Group earnings date
CEO Strategy Update8 Dec, 2026
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
RENK Group AG, formerly known as RENK Holding GmbH, is a German-based manufacturer of high-precision drive solutions used in both civil and military sectors. The company's extensive product lineup includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings, and clutches, along with comprehensive test systems. These products find application across a range of industries, notably in military vehicles, naval and civil marine operations, and sectors such as cement, plastics production, oil & gas, hydrogen, Carbon Capture, Usage and Storage (CCUS), and industrial heat pumps. The company is headquartered in Augsburg, Germany, and its shares are listed on the Frankfurt Stock Exchange.