Rheinmetall: record sales and great growth in the armaments sector!
Rheinmetall: record sales and great growth in the armaments sector!
The German armaments group Rheinmetall presents impressive record numbers that are supported by the world's growing need for armaments. According to the company announcement on Wednesday, sales growth of 25 to 30 percent is expected for the 2025 financial year. In the military area, an increase of 35 to 40 percent is even forecast due to current geopolitical developments. In 2024, sales already reached an increase of 36 percent to around 9.7 billion euros, and the operational result rose by 61 percent to 1.478 billion euros. The margin -strong business with weapons and ammunition contributed significantly to this growth. As Oe24.at , the order stock reaches an unprecedented record.
Rheinmetall describes corporate development as incomparably robust, despite the challenges in the industry. CEO Armin Papperger expressed himself optimistically about the numerous order successes and the promising international cooperation, such as in the USA, Great Britain, Italy and Ukraine. These orders not only ensure future sales, but also the expansion of production capacities by building new works. The sales forecast for 2024 is reaffirmed, with an operational result that is estimated to be up to 15 percent, and a rapidly growing share of revenues from abroad, which is 70 percent, such as defense-network.com point out.
segment -style successes
The business area of armor and ammunition production, which recorded an increase of 1.554 billion euros compared to the previous year, recorded an increase of 64 percent compared to the previous year. This is mainly due to a higher demand for artillery ammunition for Germany and Ukraine. In the area of vehicle systems, Rheinmetall can also have sales of 2.537 billion euros and an increase of 52 percent. The excellent numbers are also shown in the operational result, which records strong growth in all areas, which underlines the direction of the company: Rheinmetall is on the best way to become a global leading armor.
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