Rheinmetall Margin Optimism Boosts Shares as Sales Miss Estimate
The Rheinmetall stand the 2025 Defence and Security Equipment International exhibition in London on Sept. 10.
Photographer: Jose Sarmento Matos/BloombergRheinmetall AG shares rose by as much as 4.4% in Frankfurt trading as investors sought reassurance in an improved profit margin amid disappointing sales for the German defense company’s first quarter.
The company on Monday urged patience in booking new revenue as it reported an operating margin of 11.6%, meeting analyst estimates and up from 10.5% in the same quarter last year, citing projected truck sales in Germany and a restart of production at a Spanish ammunition plant.