Rheinmetall held its CMD yesterday (20 November) at its Unterluss Defence facility. The key takeaways of this CMD are a remaining lacklustre environment in Automotive, impacting the margin, over the next two years, while the Defence business will remain strong. We therefore anticipate a downward adjustment, dragged by Auto.
21 Nov 2019
CMD 19: strong dichotomy between the two businesses
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CMD 19: strong dichotomy between the two businesses
Rheinmetall AG (RHM:WBO) | 0 0 0.9% | Mkt Cap: 4,737m
- Published:
21 Nov 2019 -
Author:
Hugo Paternoster -
Pages:
3
Rheinmetall held its CMD yesterday (20 November) at its Unterluss Defence facility. The key takeaways of this CMD are a remaining lacklustre environment in Automotive, impacting the margin, over the next two years, while the Defence business will remain strong. We therefore anticipate a downward adjustment, dragged by Auto.