Rheinmetall released a set of preliminary results that were well above the company-compiled consensus, on the back of better cost management than anticipated for the Automotive segment and strong Defence earnings. In addition, the company is mulling over strategic options in the Automotive sector.

27 Jul 2020
Better than feared in Automotive, but restructuring ahead

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Better than feared in Automotive, but restructuring ahead
Rheinmetall AG (RHM:WBO) | 0 0 0.9% | Mkt Cap: 4,737m
- Published:
27 Jul 2020 -
Author:
Hugo Paternoster - Pages:
-
Rheinmetall released a set of preliminary results that were well above the company-compiled consensus, on the back of better cost management than anticipated for the Automotive segment and strong Defence earnings. In addition, the company is mulling over strategic options in the Automotive sector.