German defense contractor Rheinmetall’s stock price has skyrocketed more than 1,000% since Russia invaded Ukraine in 2022. As ...
T HE GERMAN state of North Rhine-Westphalia has long provided bodyguards to Armin Papperger. But since American and German spooks foiled a Russian plot to kill him last year, the boss of Rheinmetall, ...
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.
Morgan Stanley analyst Marie-Ange Riggio raised the firm’s price target on Rheinmetall (RNMBY) to EUR 2,000 from EUR 1,300 and keeps an ...
While high-tech drones capture most of the attention, the greatest loss of life since Russia invaded Ukraine in 2022 has been ...
Rheinmetall benefits from increased European defense spending, supported by the European Investment Bank's funding and ...
Rheinmetall AG is projecting sales at its main defense business will grow as much as 40% this year as Europe ramps up ...
Rheinmetall , a major beneficiary of Europe's renewed push to invest in defence, said on Wednesday it expects significant ...
The company reported a 36% jump in consolidated sales in 2024, with sales in the defense business up 50%. Defense sales are ...
While 2024 sales grew 35%, boosted by increased demand, there was a dip in sales at its power systems and trade divisions at ...
We are raising our fair value estimate for wide-moat Rheinmetall to EUR 2,220 from EUR 1,310, reflecting refinements in our assumptions regarding spending increases by country and the share ...
Rheinmetall Group concluded its 2024 fiscal year with a record-high operating profit, up by 61% to around €1.48bn. The ...