Rheinmetall published H1 results in line with the consensus. Q2 sales rose by 6% yoy and the operating result was flat with the performance driven by the military business, partially offset by weaker civilian business which was impacted by higher input costs and additional business recovery costs following the cyber-attack (~€10m) on civil IT systems in April. The orderbook reached an all-time high level of €30bn and the management has re-iterated the FY23 guidance on the back of good business d ....

11 Aug 2023
H1 23: strong rally in order intake and capacity increase

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H1 23: strong rally in order intake and capacity increase
Rheinmetall published H1 results in line with the consensus. Q2 sales rose by 6% yoy and the operating result was flat with the performance driven by the military business, partially offset by weaker civilian business which was impacted by higher input costs and additional business recovery costs following the cyber-attack (~€10m) on civil IT systems in April. The orderbook reached an all-time high level of €30bn and the management has re-iterated the FY23 guidance on the back of good business d ....