Stuttgart - Delayed Quote • EUR Rheinmetall AG (RHMB.SG) Follow Compare 129.00 0.00 (0.00%) At close: January 15 at 2:46:33 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations EU’s Top Diplomat Aims to Use Economic Muscle Against Russia (Bloomberg) -- The European Union needs to discuss the option of raising joint debt to finance the heavy spending required to bolster its defenses against Russia, the bloc’s top diplomat Kaja Kallas said. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike Lanes“We have a clear crisis now that requires more spending in defense,” Kallas said in an interview Tuesday with Bloomberg Televi Here's Why Rheinmetall (ETR:RHM) Has Caught The Eye Of Investors It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story... Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets. Rheinmetall aims for 20 billion euros in sales in 2027 There is also potential for an 18% operating margin for 2027, said the company on Tuesday, singling out increased market potential by its entry in the United States and a joint venture with Italian defence giant Leonardo. Shares in Rheinmetall were up 1.75% at 0941 GMT following the publication of the slides. Rheinmetall expects to reach the threshold of about 10 billion euros in annual sales for the first time in 2024 after sales rose 36% from January to September to 6.3 billion euros. Rheinmetall AG (RNMBF) Q3 2024 Earnings Call Highlights: Robust Sales Growth and Strategic ... Rheinmetall AG (RNMBF) reports a 40% sales increase and a significant order backlog, while navigating political uncertainties and IT transformation costs. Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe’s main ammunition and weapon suppliers. Heard on the Street: Defense Stocks Are Gaining. That Might Be Premature. Investors are betting that Donald Trump’s rhetoric about not getting involved in foreign wars won’t hit defense stocks. Defense stocks were gaining Wednesday after Trump’s victory in the presidential election. The biggest winners were among European military contractors, which have become part of the “Trump trade,” based on the belief that greater U.S. isolationism will pressure other NATO nations to boost their defense spending. Rheinmetall’s Armin Papperger to Stay as CEO Until 2030 The arms maker said Armin Papperger will remain at the helm of the company for another five years, while CFO Dagmar Steinert agreed to step down from her role. Stocks to watch this week: Berkshire Hathaway, Super Micro, Novo Nordisk, Vistry and M&S Earnings preview of key companies reporting this week and what to look out for. Kremlin warns new German arms plant in Ukraine is a fair target Rheinmettal opened a military factory in Ukraine in late October. Is Weakness In Rheinmetall AG (ETR:RHM) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects? Rheinmetall (ETR:RHM) has had a rough three months with its share price down 2.5%. However, stock prices are usually... BluMetric Environmental Inc (BLMWF) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... BluMetric Environmental Inc (BLMWF) reports a 17% revenue increase and improved profitability, driven by strategic investments and a significant new contract. Rheinmetall's (ETR:RHM) three-year total shareholder returns outpace the underlying earnings growth For us, stock picking is in large part the hunt for the truly magnificent stocks. But when you hold the right stock for... Rheinmetall buys Loc Performance as it looks to expand in US market DUSSELDORF (Reuters) -Rheinmetall will take over U.S. military vehicle supplier Loc Performance in a $950 million deal, the German defence group said, with an eye to improving its chances of scoring orders worth billions. "The acquisition expands the Group's business with the U.S. military, increases its industrial base in the U.S. and creates further access for its technologies in North America," it said. Shares in Rheinmetall were up 1% on 0705 GMT on Wednesday after the deal was first announced on Tuesday evening. Rheinmetall Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags Rheinmetall ( ETR:RHM ) Second Quarter 2024 Results Key Financial Results Revenue: €2.23b (up 49% from 2Q 2023). Net... Rheinmetall expects up to 25 billion eur in orders for JV with Leonardo Rheinmetall expects orders worth up to 25 billion euros ($27.27 billion) from the Italian government for its joint tank-building venture with defence manufacturer Leonardo, the German defence group's CEO said on Thursday. "The first order for the joint venture should be awarded either at the end of the year or in the first quarter of 2025," Rheinmetall chief executive Armin Papperger said in a conference call following the company's quarterly results. Rheinmetall reports record orders, booming profits, bright outlook Investing.com -- Rheinmetall AG (ETR:RHMG) is on track for another year of strong growth, confirming its annual guidance for 2024. The company projects sales around €10 billion, supported by a strong order book and significant market demand. Rheinmetall confident of hitting 'at least' full-year targets BERLIN (Reuters) -German defence group Rheinmetall will at the very least hit its full-year sales and earnings targets after a strong first half as demand for weapons in Europe remains unabated after Russia's invasion of Ukraine in 2022. "We have never seen such growth," said Chief Executive Armin Papperger, reportedly the target of a Russian assassination plot for his role in supporting the West's efforts in Ukraine. "After six months of the 2024 fiscal year, Rheinmetall is confirming at least the sales and earnings forecast for 2024," said the maker of Leopard 2 tanks. Ukraine gets first $1.6bn from frozen Russian assets The EU has sent the first payment to Ukraine for ‘military capabilities’ and ‘reconstruction’, financed by frozen Russian assets. We Ran A Stock Scan For Earnings Growth And Rheinmetall (ETR:RHM) Passed With Ease The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even... Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is DAX P Return RHMB.SG DAX P YTD +4.03% +3.34% 1-Year +108.92% +23.17% 3-Year +661.26% +29.54%