RENK AG / Half Year Results 30.07.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- RENK AG: Semiannual financial report as of June 30, 2008, pursuant to Sec. 37w German Securities Trading Act ('WpHG') RENK in H1/2008 RENK was off to a good start in fiscal 2008. Despite the gradual economic downturn, first-half order intake at EUR215 million was only insignificantly below the year-earlier magnitude of EUR221 million. H1 sales showed substantial growth momentum, surging 26% from EUR196 million to EUR247 million. The distinct rise in sales was also reflected in operating profit (EBIT) which soared 19% from EUR31 million to EUR37 million. Net income (EAT) took a similar leap forward, jumping from EUR18 million to EUR26 million, and so did earnings per share (EpS), from EUR2.68 to EUR3.81. For all of 2008, RENK predicts its growth to continue, as budgeted. Order intake is expected to inch up while sales are expected to increase at a steeper rate to a magnitude of some EUR500 million. The operating profit will in all likelihood range around the good 2007 level. Augsburg, July 30, 2008 RENK AG The Executive Board DGAP 30.07.2008 --------------------------------------------------------------------------- Language: English Issuer: RENK AG Gögginger Str. 73 86159 Augsburg Deutschland Phone: 0821-5700-227 Fax: 0821-5700-573 E-mail: winfried.scheller@renk.biz Internet: www.renk.eu ISIN: DE0007850000, DE0007850000 WKN: 785000 Listed: Regulierter Markt in München; Freiverkehr in Berlin, Stuttgart; Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Renk AG: Semiannual financial report as of June 30, 2008, pursuant to Sec. 37w Securities Trading Act ('WpHG')
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