Renk Taps Jurate Keblyte for Finance Role as Nine-Month Orders Surge 33.6%

Published on 11/14/2026 at 15:32 | Editorial boerse-global.de

Renk appoints Jurate Keblyte CFO from March 2027 as nine-month order intake jumps 33.6% to €1.66 billion, well ahead of 5.8% revenue growth.

Renk, Taps, Jurate, Keblyte, Finance, Role, Nine-Month, Orders, Surge, CFO Illustration mit AI erstellt.

Renk Group has named Jurate Keblyte as its next chief financial officer, with the supervisory board appointment taking effect in March 2027. She succeeds Anja Mänz-Siebje, who will not renew her contract and will hand over the finance brief at the end of the first quarter of 2027. The two dates together set the timetable for the transition at the top of the finance function.

The leadership change lands alongside a set of nine-month figures published on 5 November 2026 that show demand running well ahead of revenue at the defence contractor.

Orders Outpace Sales

Order intake for the first nine months of 2026 climbed 33.6% to €1.66 billion. Revenue over the same stretch advanced 5.8% to €982.0 million, meaning new business grew roughly six times faster than the top line. The order backlog stood at €7.6 billion at the close of the third quarter.

Adjusted operating earnings before interest and taxes came in at €158.8 million, a gain of 12.7% on the prior-year period.

Should investors sell immediately? Or is it worth buying Renk Group?

For the full year 2026, Renk continues to guide toward revenue of about €1.4 billion and an adjusted EBIT range of €240 million to €255 million. Both targets apply to the continuing operations.

David Brown Defence Deal Closed

Renk has completed its acquisition of David Brown Defence from Stellex Capital Management. The acquired business carries an order book and pipeline together worth more than £700 million across 2026–2030.

Analyst Views and Share Price

DZ Bank kept its "Buy" rating on Renk following the 5 November results release, restating a fair value of €56 in a study dated the same day. Jefferies analyst Chloe Lemarie described the quarterly figures as largely in line with expectations.

Renk Group at a turning point? This analysis reveals what investors need to know now.

The stock added 1.3% on Friday to close at €33.09. Over a seven-day window, however, the shares remain down 4.9%.

Renk Group Stock: New Analysis - 14 November

Fresh Renk Group information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.

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