Renk Aktiengesellschaft Reports Earnings Results for the Full Year of 2018; Provides Earnings Guidance for the Fiscal Year 2019
For fiscal year 2019, the company anticipates another slight increase in order intake assuming that planned major projects particularly in Special Gear Units and Vehicle Transmissions are implemented as planned and the order situation in Standard Gear Units recovers. Sales revenue, operating profit and the operating return on sales are expected to be in line with 2018 levels.