RENK sells slide bearings unit: what it means for RENK Group stock
Published on 10/25/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDefense focus and reporting dates
- The slide bearings sale narrowed 2026 continuing-operations guidance to adjusted EBIT of EUR 240.00 million to EUR 255.00 million on October 22, 2026.
- RENK's first-half 2026 revenue was EUR 1.366 billion and adjusted EBIT reached EUR 230.00 million.
- The next 9M 2026 results call is scheduled for November 5, 2026.
RENK Group (ISIN DE000RENK730) said on October 22, 2026 that it would sell its slide bearings unit to Miba and narrow its 2026 outlook to continuing operations. The forecast calls for adjusted EBIT of EUR 240.00 million to EUR 255.00 million, according to Yahoo Finance.
What the sale means for defense
The transaction sharpens RENK's military focus because slide bearings are being separated from the continuing Vehicle Mobility Solutions and Marine & Industry divisions. The sale price was kept confidential, while the unit was valued by Jefferies at EUR 315.00 million on an end-2028 basis in the report carried by Yahoo Finance.
RENK's recent order chronology
On October 14, 2026, RENK and KNDS agreed a EUR 130.00 million Leopard 2 contract extension covering HSWL 354 transmissions, controls and gear selectors, according to KNDS. On October 21, 2026, RENK said its third-quarter order intake could exceed the EUR 300.00 million to EUR 400.00 million corridor communicated for the quarter, in its RENK Group pre-close call.
On October 22, 2026, the company announced the slide bearings sale and revised continuing-operations guidance, as Yahoo Finance reported. The date matters because the disposal changes the basis for the 2026 forecast rather than simply adding a new order to the existing group figures.
Results arrive November 5
RENK's next 9M 2026 results call is scheduled for November 5, 2026, according to the company's October 21 pre-close transcript. The latest reported first-half figures were revenue of EUR 1.366 billion, order intake of EUR 1.571 billion and adjusted EBIT of EUR 230.00 million, with a 16.9 percent adjusted EBIT margin, according to RENK Group.
Stock stays below its yearly high
RENK Group stock last closed at EUR 36.31 on Xetra on October 23, 2026. Its market capitalization was EUR 3.6 billion on that date, while the 52-week range stood at EUR 33.48 to EUR 68.36.
The further course of trading is shown by the continuously updated real-time quote of RENK Group stock.
RENK Group stock facts
- Company: RENK Group AG
- ISIN: DE000RENK730
- Ticker: R3NK
- Price reference: Xetra close EUR 36.31 on October 23, 2026
- Market capitalization: EUR 3.6 billion (as of October 23, 2026)
- 52-week range: EUR 33.48-EUR 68.36 (as of October 23, 2026)
- Index membership: MDAX
Market context: Market report DAX.
