RENK : Q3 preview – A transition quarter ahead of an acceleration in growth
>A quarter characterised by getting production under control… - Renk is due to report its Q3 2024 figures on 30 November, with the quarter set to see the initial notable effects of the group getting production back under control at Augsburg (Germany) as in Muskegon (US). We forecast revenues of € 265.2m (+9.4%) with seasonality for the Marine & Industry business (high comps from Q3 2023 with the delivery for the Navy segment) masking i/ a significant acceleration in d...
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