Rheinmetall released its full figures for FY19, which were in line with preliminary figures. In addition, the company released its 2020 guidance, which fell behind the consensus on the back of the declining automotive market. For 2020, Defence will remain the main contributor to Rheinmetall’s performance.
18 Mar 2020
FY19: further downside to be expected in Automotive
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FY19: further downside to be expected in Automotive
Rheinmetall AG (RHM:WBO) | 0 0 0.9% | Mkt Cap: 4,737m
- Published:
18 Mar 2020 -
Author:
Hugo Paternoster -
Pages:
3
Rheinmetall released its full figures for FY19, which were in line with preliminary figures. In addition, the company released its 2020 guidance, which fell behind the consensus on the back of the declining automotive market. For 2020, Defence will remain the main contributor to Rheinmetall’s performance.