German Defense Beneficiary with an Intact Growth Story!

By 2030, sales are expected to multiply and the operating margin to increase!
Defense stocks like Rheinmetall are likely to remain interesting for patient investors due to growth prospects!
Marvin Herzberger
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M. Herzberger
Reading Time: 1 minute

Investors looking for a long-term attractive growth story in the German stock market will find it with Rheinmetall AG. The stock scores 13 out of a possible 15 points in TraderFox's growth check. On November 18, there was also a fresh trigger. The company presented ambitious mid-term growth prospects. Rheinmetall aims to achieve sales of around 50 billion euros and an operating margin of over 20% by 2030. To put this into perspective, it may be worth looking at the fiscal year 2024. At that time, sales amounted to 9.75 billion euros with an operating...

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