In view of the high demand, Rheinmetall has significantly increased the sales and profit in the first quarter and expressed optimistic for the further year.
The previous forecast for 2025 will be achieved, but the outlook could also be raised over the course of the year, according to the Düsseldorf Dax Group.
In the first three months, the company increased sales, as has been known since the end of April, by around half to 2.305 billion euros. The operational result also climbed by around half to 199 million euros. According to the announcement, the operating result margin rose to 8.7 out of 8.5 percent.
For 2025, the company will reach sales and result forecasts. Rheinmetall expects an increase in group sales of 25 to 30 percent and an operational result margin of approximately 15.5 after 15.2 percent in the previous year.
“This outlook does not yet take into account the improvement of the market potential, which is likely to result in the markets in Europe, Germany and Ukraine, particularly relevant to Rheinmetall, due to the geopolitical developments in the past few weeks,” said the company. In the further course of the year, there will therefore be forecast adjustments if necessary.
The Rheinmetall share is shown at Xetra 1.16 percent higher at 1,652.50 euros and thus remains close to its record high of 1,672.00 euros, which was reached the previous day.
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