Rheinmetall: "ReArm Europe" and Billions in Orders Drive the Stock – Expansion Planned
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The Düsseldorf-based defense contractor Rheinmetall (ISIN: DE0007030009) has concluded the fiscal year 2024 with new record figures and has further accelerated its expansion in the defense industry. Thanks to the globally rising demand for military equipment, revenue increased by 36% to €9.75 billion. Particularly impressive: The operating group result rose by 61% to €1.48 billion, corresponding to an operating margin of 15.2%. Military business booms – civil sector mixed Currently, the military business generates 80% of total revenue,...
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