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    Home > Finance > Renk's revenue rises more than expected in Q2
    Finance

    Renk's revenue rises more than expected in Q2

    Published by Global Banking & Finance Review®

    Posted on August 13, 2025

    1 min read

    Last updated: January 22, 2026

    The image showcases the Christophe De Margerie tanker docking at Russia's Arctic LNG 2, highlighting ongoing LNG export challenges amidst U.S. sanctions.
    Fourth sanctioned LNG tanker, Christophe De Margerie, at Russia's Arctic LNG 2 plant - Global Banking & Finance Review
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    Tags:Financial performanceinvestmentcorporate profitsfinancial community

    Quick Summary

    Renk's Q2 revenue exceeded expectations with 348 million euros in sales, driven by steady European defense investments and a strong order backlog.

    Table of Contents

    • Renk's Financial Performance in Q2
    • Sales and Revenue Details
    • Order Backlog and Future Guidance

    Renk's revenue rises more than expected in Q2

    Renk's Financial Performance in Q2

    (Reuters) -German tank gearbox maker Renk reported better than expected second-quarter revenue on Wednesday as European countries kept their defence investments steady.

    Sales and Revenue Details

    The company, which makes gearboxes for the Leopard 2 tanks sent to Ukraine, reported sales of 348 million euros ($406 million), better than the 338 million euros expected in an LSEG poll of analysts.

    Order Backlog and Future Guidance

    In its vehicle mobility solutions (VMS) branch, which in 2024 contributed to roughly two thirds of the company's sales, reported quarterly revenue of 217 million euros, an increase of 35.3% year-on-year.

    Renk said its order backlog had reached 5.9 billion euros at the end of the quarter, as it confirmed its 2025 guidance.

    ($1 = 0.8563 euros)

    (Reporting by Paolo Laudani and Maria Rugamer in Gdansk; editing by Milla Nissi-Prussak)

    Key Takeaways

    • •Renk's Q2 revenue surpassed analyst expectations.
    • •Sales reached 348 million euros, above the forecast.
    • •Order backlog increased to 5.9 billion euros.
    • •VMS branch saw a 35.3% year-on-year revenue increase.
    • •European defense investments remained steady.

    Frequently Asked Questions about Renk's revenue rises more than expected in Q2

    1What is revenue?

    Revenue is the total income generated by a company from its business activities, typically from sales of goods or services, before any expenses are deducted.

    2What is order backlog?

    Order backlog refers to the total value of orders received by a company that have not yet been fulfilled or delivered to customers.

    3What is financial performance?

    Financial performance is a measure of how well a company generates revenue and manages its expenses over a specific period, often assessed through financial statements.

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