Rheinmetall expects its sales to have doubled by 2026, as the German arms manufacturer benefits from soaring demand for weapons on the back of the wars in Ukraine and Gaza as well as rising tensions in Asia-Pacific.
Shares in Rheinmetall rallied almost 5 per cent on Tuesday, as the Düsseldorf-based company said at an investor day presentation that revenues would in 2026 reach between €13bn and €14bn, compared with €7.4bn and €7.6bn forecast for this year.
Operating margins, expected to be at 12 per cent this year, are expected to rise to more than 15 per cent in 2026.
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