Ad-hoc | 19 February 2009 08:51
RENK AG / Final 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.
----------------------------------------------------------------------
RENK: Financial statements as of Dec. 31, 2008
RENK rises to half a billion euros
The RENK Group closed fiscal 2008 with the best performance in its history.
Operating profit climbed 18 percent to a record EUR80 million. The sales
uptrend of previous years continued in 2008, too. RENK recorded another
sales boost, from EUR430 million to EUR527 million, to which all four
divisions contributed. Despite the weaker market already evident in late
2008, order intake at EUR443 million again mounted slightly.
In view of flagging market momentum we expect 2009 to show a decline in new
orders that, anticipating a slight drop in sales, will also weigh on
operating profit.
Augsburg, February 19, 2009
RENK AG
19.02.2009 Financial News transmitted by DGAP
----------------------------------------------------------------------
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
---------------------------------------------------------------------------