RENK : Taking production back in hand lends credibility to medium-term targets
>Production getting back on track - Having taken transmission production at Augsburg (the initial target of 650 deliveries in FY 2024 could even be exceeded) back in hand, the company has shown confidence in its ability to replicate this turnaround in the US (supply chain, process, etc.). Deliveries have now reached 3 transmissions/day at the Muskegon site, compared with 1/day at the start of the year, but profitability is still being affected by inefficiencies (which...
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