- Consolidated sales grow by 12% to €7,176 million
- EBIT before purchase price allocation stands at €968 million
- Operating result improves by 19% to a new record figure of €918 million
- Group’s operating margin increases to 12.8% after 12.0% in the previous year
- Another all-time high in the Rheinmetall backlog of €38.3 billion, increase of 44% (previous year: €26.6 billion)
- Dividend proposal of €5.70 per share, after €4.30 in the previous year
Düsseldorf, Germany — German artillery maker Rheinmetall said Thursday, the forecasted sales volume is expected to reach the €10 billion mark, for the first time in the Group’s history.
Rheinmetall benefits from the changed threat situation in Europe. The Group is the focus of customer interest as a supplier of state-of-the-art defence technology.
Numerous major orders from the German armed forces and other armed forces, including the Spanish, the Austrian, and the US-Army, had recently been contracted.
Particularly ammunition, combat vehicles and air defence solutions are in high demand.
Rheinmetall also became an important partner for Ukraine, where it helps building an ammunition plant.
Armin Papperger, CEO of Rheinmetall AG said:
“A new decade of security policy has begun. In this situation, we at Rheinmetall are grateful to be able to make a decisive contribution to restoring our country’s ability to defend itself. We are sparing no effort in order to fulfill this task of national importance. We are investing massively, building new plants and significantly increasing our personnel.”
For Ukraine, Rheinmetall is helping “with extensive deliveries from the entire product portfolio, from tactical vehicles and ammunition for Gepard anti-aircraft tanks to mobile field hospitals”, the DAX listed company said.