Since its initial public offering (IPO) on 7 February 2024, RENK’s share price has risen significantly. The stock surged by 149% from its issue price of €15.00 to €37.38 at market close on 5 March 2025, meeting the MDAX entry requirements under Deutsche Börse’s fast-entry rule.
Dr Alexander Sagel, CEO of RENK Group AG, welcomed the promotion, highlighting the company’s rapid growth and strong market position. He emphasised RENK’s commitment to innovation, operational excellence, and sustainable value creation for shareholders, customers, and employees.
CFO Anja Mänz-Siebje described the MDAX inclusion as a positive signal to investors, increasing the company’s visibility and attractiveness in the capital market. She noted that the upgrade supports RENK’s long-term growth ambitions and financial strategy.
RENK Group AG is set to release its full-year financial results for 2024 on 26 March 2025, along with its annual report. The company’s performance will continue to be closely watched following its successful stock market debut.
