Rheinmetall reported quite strong figures in its full-year 2016 report with a much stronger cash-flow generation. The group’s order backlog offers a good perspective in defence while most NATO countries’ defence budgets are being increased, specifically in Germany, the group’s biggest client. Profitability could have been even higher without some demand weakness in Brazil or operating issues in Norway.
24 Mar 2017
Even brighter time to come!
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Even brighter time to come!
Rheinmetall AG (RHM:WBO) | 0 0 0.9% | Mkt Cap: 4,737m
- Published:
24 Mar 2017 -
Author:
Marc Laubel -
Pages:
3
Rheinmetall reported quite strong figures in its full-year 2016 report with a much stronger cash-flow generation. The group’s order backlog offers a good perspective in defence while most NATO countries’ defence budgets are being increased, specifically in Germany, the group’s biggest client. Profitability could have been even higher without some demand weakness in Brazil or operating issues in Norway.