Deutz AG Restructures Operations as It Returns to MDAX Index; Renk Reports Record Performance Despite Market Concerns
DEFENSE
Deutz AG is restructuring its operations into five divisions: Defense, Energy, Engines, NewTech, and Service, as it returns to the MDAX index on March 23. The new direction, particularly in Defense, includes a partnership with TYTAN Technologies and prior acquisitions to support drone defense solutions.
The Energy division aims for €500 million in revenue by 2030. Renk Group reported 2025 revenue of €1.4 billion and net profit of €101.3 million, though shares fell due to lower EBIT guidance and timing shifts in contracts. Renk targets over €1.5 billion in revenue for 2026, with a goal of 90% of sales from defense contracts by 2030.

Mar 17, 2026, 6:00 AM