Renk Group AGRecord order intake, including U.S. Army THOR-IV follow-on order, drives growth.

RENK Group AG achieved a record order intake of around 1.2 billion euros in the first half of 2026, up 29.7 percent from 921.2 million euros a year earlier. The second quarter alone brought in 612.8 million euros, the highest quarterly order intake in the company's history, lifting the total order backlog to an all-time high of 7.4 billion euros. Revenue rose 2.7 percent to 637.2 million euros, while adjusted EBIT grew 10.1 percent to 98.2 million euros, pushing the adjusted EBIT margin to 15.4 percent. The Vehicle Mobility Solutions division drove the growth with a 42.6 percent jump in orders to 970.4 million euros, including a follow-on order under the five-year THOR-IV framework contract from the U.S. Army for the HMPT 800 transmission — the fourth award in this series with a volume of up to 691 million US dollars, of which around 121 million euros was booked in the second quarter corresponding to contractual minimum purchase quantities. Management confirmed its full-year outlook for revenue above 1.5 billion euros and adjusted EBIT between 255 million and 285 million euros.
Renk Group AGRecord order intake, including U.S. Army THOR-IV follow-on order, drives growth.