Rheinmetall saw revenues rise by 11% to €3.58bn with sales growing 7% in Automotive to €1.95bn and sales up 17% in Defence to €1,625m. With the solid momentum highlighted in Q3, especially in Defence (revenues for FY now expected to reach €2.5bn, a €100m increase) the group's revenue guidance has been raised to €5.1bn from €5bn. Group operational earnings were up 259% to €140m (EBIT also €140m as the group did not incur any exceptionals), with EBIT
05 Nov 2015
Guidance raised and secure outlook
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Guidance raised and secure outlook
Rheinmetall AG (RHM:WBO) | 0 0 0.9% | Mkt Cap: 4,737m
- Published:
05 Nov 2015 -
Author:
Thomas Picherit -
Pages:
2
Rheinmetall saw revenues rise by 11% to €3.58bn with sales growing 7% in Automotive to €1.95bn and sales up 17% in Defence to €1,625m. With the solid momentum highlighted in Q3, especially in Defence (revenues for FY now expected to reach €2.5bn, a €100m increase) the group's revenue guidance has been raised to €5.1bn from €5bn. Group operational earnings were up 259% to €140m (EBIT also €140m as the group did not incur any exceptionals), with EBIT