The Rheinmetall MAN military vehicle leads on the road on November 20, 2024 to Donetsk Oblast, Ukraine.
Yan Dobronosov | Ukraine World Images | Getty images
German armament Rhénmetall Wednesday said that it expects 2025 sales to increase 25 to 30% this year, in the middle of the expectations of the “main high volume orders for military customers” which could draw an additional boost from a recent change in European defense policy.
The company declared a 36% increase in consolidated sales in 2024, sales in the defense sector up 50%. Defense sales are expected to increase by 35% to 40% this year, said Rheinmetall.
Last year’s sales boom has contributed to pushing the operating profit of Rheinmetall to a record level, up 61% to 1.48 billion euros ($ 1.61 billion). The operating margin for the year was 15.2%, compared to 12.8% in 2023.
At the end of last year, Rheinmetall said that his order backwards also reached a record of 55 billion euros. He said he expected “major high volume orders for military customers” in the years to come.
The company declared that its current prospects did not take into account in the recent geopolitical developments linked to War in Ukraine And European defense expensesBut added that it would adjust its forecasts “as the respective requirements of military customers will become more specific during the year”.
“Given the situation of radically modified security policy, the group is in a promising position to play an important role in increasing the ability to come with security products in Germany and in partner countries,” the company said in its profits.
Rheinmetall de Frankfurtll Rheinmetall actions have increased by almost 88.3% since the start of the year, as wider European defense actions have climbed In the midst of the prospect of a madness of defense by regional governments.
European leaders Push to strengthen regional defense capacities is American president Donald Trump Press the European NATO allies to channel more money in security expenditure, while uncertainty persists on the quantity of support Ukraine can expect from the new administration of the White House.
Rheinmetall was distinguished by a number of analysts As a stock to look at while the history of European defense develops. Earlier this monthJPMorgan increased its target price for the company to 1,200 euros ($ 1,308) of 800 euros.
This story of rupture is updated.
