Rheinmetall (RHM GY) significantly increases sales and operating profit in Q1 '25, clearly exceeding market expectations; forecast for FY at least confirmed
- Military business sales expected to increase by 73% in Q1 '25.
- A significant increase in sales of almost 73% is expected for military business in Q1 Y/Y.
- Defense business op. profit expected to increase by 96% in Q1 '25.
- Revenue increase of around 46% for group as a whole to a total of EUR 2.31bln.
- Will therefore adjust its forecasts as necessary in line with increasing clarity of its military customers' requirements in further course of the year.
- Q1 backlog reached a new all time high of EUR 62.6bln.
28 Apr 2025 - 16:47- EquitiesImportant- Source: Newswires
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