Renk forecasts 2026 adjusted EBIT of €240 million to €255 million from continuing operations

Bitget2026/10/21 23:50

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Renk forecasts 2026 revenue of about €1.4 billion, with adjusted EBIT of €240 million to €255 million.
The updated guidance covers continuing operations, reflecting the planned sale of its slide bearings business to Miba.
Slide bearings will be classified as a discontinued operation starting in the fourth quarter of 2026.
The sale supports a strategic shift toward defense, targeted to account for around 90% of total revenue by 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renk Group AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610211950OMX_____CNEWS_EN_GNW1001279243_en) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Renk forecasts 2026 adjusted EBIT of €240 million to €255 million from continuing operations

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