Rheinmetall AG Q2 sales up 49% to €2.23bn and operating profits up 111% to €271m, surpassing market expectations.

Rheinmetall AG reports Q2 sales up 49% to €2.23bn and operating profits up 111% to €271m, surpassing market expectations. The company confirms its FY2024 outlook while its shares gain 3% in early morning trading. The positive results are attributed to early sales recognition in the Weapon and Munitions division and the higher sales contribution from Rheinmetall's other divisions.

July 24, 2024
4 Articles