Renk AG operates in the Speed changers, drives, and gears sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Renk AG with three other
industrial machinery manufacturers in Europe:
MAX Automation SE
sales of 425.49 million Euros [US$508.96 million]
of which 32%
was Evolving Technologies),
Feintool International Holding
(632.68 million Swiss Francs [US$699.87 million]
of which 91%
was System Parts), and
Alimak Group AB (publ)
based in SWEDEN
(4.59 billion Swedish Kronor [US$540.12 million]
of which 46%
was Industrial Equipment).
Renk AG reported sales of 558.61 million Euro (US$668.19 million)
December of 2019.
increase of 11.2%
versus 2018, when the company's sales were 502.22 million Euro.
Sales of Vehicle Transmissions saw an increase
that was more than double the company's growth rate: sales were up
31.0% in 2019, from
174.42 million Euro to 228.45 million Euro.
Not all segments of Renk AG experienced an increase in sales in 2019:
sales of Standard Gear Units fell 8.0% to 67.92 million Euro.
Renk AG also experienced decreases in sales in
Slide Bearings (down 2.1% to 83.32 million Euro)