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RheinMetall receives a record and income income

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RheinMetall’s portfolio also installed a new maximum history, rising 44% to 55 billion euros.

In 2024, German’s concern for RheinMetall AG defense increased 36%income, and the adjective of operating (EBit) – by 1.6 times, while both indicators were updating the records. This was reported by the company’s press service on Wednesday, March 12.

Thus, RheinMetall’s income reached 9.751 billion euros, and EBit, excluding a – -hour factors – 1.478 billion euros. The company’s own forecasting assumes that the annual income is at the level of 10 billion euros.

The order portfolio also established a new historical maximum, rising 44% to 55 billion euros.

The net profit rose to 717 million euros, or 16.51 euros per part, from 535 million euros, or 12.32 euros per part, in 2023.

The Company Board recommends increasing annual dividends to 8.1 euro from 5.7 euro per part.

In 2025, RheinMetall expects income increase by 25-30%. Since the beginning of 2025, the reminder capitalization has increased by about 1.9 times – up to 50.7 billion euros.

Remember that the sharing of Rheinmetall has rose 10 times from the beginning of the war in Ukraine – to 965 euro per part. The company manufactures armored vehicles, artillery, anti -Aircraft guns and a wide range of ammunition – all of these weapons are highly required for Ukraine.

It has also been reported that Rheinmetall has built a military equipment organizing in Ukraine, and the business is currently undergoing ammunition.

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Source: korrespondent

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