RENK Group expands Leopard 2 order: RENK Group stock falls 2.33 percent
Published on 10/20/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrder visibility and reporting dates
- RENK Group agreed a EUR 130 million Leopard 2 order extension with KNDS on October 14, 2026.
- First-half 2026 revenue reached EUR 1.366 billion and order intake EUR 1.571 billion.
- RENK Group stock trades at EUR 37.30 at 1:12 p.m. CEST at Lang & Schwarz on October 20, 2026, 2.33 percent below the Xetra close of October 19, 2026.
- The pre-close call is scheduled for October 21, 2026, ahead of the nine-month report on November 5, 2026.
RENK Group (ISIN DE000RENK730) agreed a EUR 130 million extension to a Leopard 2 transmission order with KNDS Deutschland on October 14, 2026. The contract covers HSWL 354 transmissions, control units and gear selectors, with deliveries scheduled from 2029 through 2032, according to MarketScreener.
The order reaches 2032
The long delivery schedule gives RENK visibility beyond the current reporting cycle. The order also expands a program in which RENK had reached production of its 4,000th HSWL 354 transmission in June 2026, a milestone reported by MarketScreener.
Three milestones frame the order
On June 1, 2026, RENK reached the 4,000th HSWL 354 transmission milestone. On August 6, 2026, its first-half revenue was EUR 1.366 billion and order intake was EUR 1.571 billion, according to RENK Group. On October 14, 2026, the company and KNDS agreed the EUR 130 million Leopard 2 extension, as dpa-AFX reported.
What will the November report test?
RENK's first-half 2026 adjusted EBIT was EUR 230 million, while its adjusted EBIT margin was 16.9 percent. The company also maintained its 2026 outlook for revenue above EUR 1.5 billion and adjusted EBIT between EUR 255 million and EUR 285 million, according to RENK Group.
Two reporting dates are next
RENK has scheduled a pre-close call for October 21, 2026, followed by its nine-month 2026 statement on November 5, 2026, according to Boerse Express.
Stock stays near its yearly low
RENK Group stock was trading at EUR 37.30 at Lang & Schwarz on October 20, 2026, at 1:12 p.m. CEST, 2.33 percent below the Xetra close of October 19, 2026 at EUR 38.19. The same-day market capitalization was EUR 3.7 billion, and the 52-week range was EUR 33.48 to EUR 70.66.
The further course of trading is shown by the continuously updated real-time quote of RENK Group stock.
RENK Group stock at a glance
- Company: RENK Group AG
- ISIN: DE000RENK730
- WKN: RENK73
- Ticker: R3NK
- Primary exchange: Xetra
- Price Lang & Schwarz as of October 20, 2026, 1:12 p.m. CEST: EUR 37.30
- Change versus Xetra close: minus 2.33 percent
- Xetra close October 19, 2026: EUR 38.19
- Market capitalization: EUR 3.7 billion (as of October 20, 2026)
- 52-week range: EUR 33.48-EUR 70.66 (as of October 20, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: MDAX
- Next earnings date: November 5, 2026
Market context: Market report DAX.
