Ad-hoc | 25 April 2008 09:28
RENK AG / Quarter Results
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: Q1/2008 financial report pursuant to Sec. 37x German Securities
Trading Act ('WpHG')
RENK off to a solid start in 2008
The key indicators for Q1/2008 equaled or exceeded the year-earlier levels:
Operating profit climbed from EUR18 million to EUR19 million, order intake
improved 5% to EUR115 million, and sales rose 14% to EUR119 million. At
EUR1.95 earnings per share, too, were above the year-earlier EUR1.56.
In order for us to consolidate our market strength in the high-performance
gear unit segment, we are currently planning expansion outlays at our
German locations.
The prospects for 2008 are favorable. We expect an increasing order intake
and sales of around EUR500 million and a return on sales of about 15%.
Augsburg, April 25, 2008
RENK AG
The Executive Board
25.04.2008 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
End of News DGAP News-Service
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