Strong First-Half Growth Driven by Defence Demand RENK Group Reports Record Order Backlog and 22% Revenue Increase in H1 2025

Source: Press release 1 min Reading Time

RENK Group AG has posted strong results for the first half of 2025, with order intake up 47% year-on-year to €921 million and revenue increasing 22% to €620 million. The company’s defence-focused Vehicle Mobility Solutions segment remained the primary growth driver, contributing the largest share of sales and earnings.

RENK Group’s Vehicle Mobility Solutions segment drove record order intake and a €5.9 billion backlog in H1 2025, reflecting sustained demand for military mobility systems.(Source:  Image: RENK)
RENK Group’s Vehicle Mobility Solutions segment drove record order intake and a €5.9 billion backlog in H1 2025, reflecting sustained demand for military mobility systems.
(Source: Image: RENK)

The Augsburg-based drivetrain specialist reported a record order backlog of €5.9 billion as of 30 June 2025, supported by a book-to-bill ratio of 1.5. Adjusted EBIT rose 29% to €89 million, improving the adjusted EBIT margin to 14.4% (H1 2024: 13.5%). Management reaffirmed full-year guidance, expecting revenue above €1.3 billion and adjusted EBIT between €210 million and €235 million.

Segment Performance

  • Vehicle Mobility Solutions (VMS): Order intake increased 65.9% to €681 million, with revenue up 32% to €389 million. Adjusted EBIT rose 45% to €67 million, lifting the margin to 17.1%. The segment benefitted from continued demand for military mobility systems, including a US$99 million follow-on order for RENK America from a long-standing defence customer.
  • Marine & Industry (M&I): Orders grew 16.4% to €183 million, and revenue increased 8.7% to €176 million. Adjusted EBIT reached €19 million (+16.1%), with the marine business offsetting weaker industrial demand.
  • Slide Bearings: Order intake fell 5.5% to €66 million, while revenue edged up 2.6% to €63 million. Adjusted EBIT declined to €10 million (–5.4%), but the margin remained above the group average at 16.6%.

Management Outlook

CEO Dr. Alexander Sagel emphasised RENK’s role in European and global security, citing strong demand for mission-critical products and readiness to meet increasing procurement needs. CFO Anja Mänz-Siebje highlighted margin improvements through revenue growth and cost management.

The company noted that its outlook does not yet reflect potential additional market opportunities from future German and European defence procurement linked to higher military spending.

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