EQS-News

RENK Group continues growth path with strong order intake in the first half of 2023 - Seite 4

^[2] Fixed Order Backlog represents, with respect to binding customer contracts and purchase orders concluded and/or received, the portion of the associated transaction price for which the amount of revenue has not yet been recognized in accordance with IFRS.

[3] Net Debt is defined as the sum of the carrying amounts of bond (for the periods shown relating to our senior secured notes) and lease liabilities less cash and cash equivalents.

^[4] Adjusted EBITDA is defined as operating profit before depreciation, amortization and impairment losses on intangible assets and property, plant and equipment and adjusted for certain items which management considers to be exceptional or non-recurring in nature.

Contact:
Guenther Hoerbst
Head of Corporate Communications

Gögginger Straße 73
86159 Augsburg

+49(0)160/5347450

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01.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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1716417  01.09.2023 CET/CEST

The Renk vormals Zahnraederfabrik Renk Stock at the time of publication of the news with a raise of +0,91 % to 111 on Tradegate stock exchange (12. Februar 2021, 12:22 Uhr).