While 2024 sales grew 35%, boosted by increased demand, there was a dip in sales at its power systems and trade divisions at the start of of the year.

Rheinmetall , a major beneficiary of Europe's renewed push to invest in defence, said on Wednesday it expects significant sales growth in 2025 and promised to update guidance after recent geopolitical developments are taken into account.

Rheinmetall AG is projecting sales and operating profit will continue to rise this year as the German arms manufacturer benefits from surging European defense spending.

Rheinmetall has become the popular way to play the European rearmament trend. Perhaps too popular. Following a 23% increase in a week, Rheinmetall’s market capitalization has now risen above that of any other European pure-play military contractor,

Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.

German arms manufacturer Rheinmetall said Wednesday that moves by European capitals to ramp up military expenditure and reduce their reliance on the United States were a massive growth opportunity for

During a discussion with investors on Wednesday, Chief Executive Armin Papperger shared insights from meetings with European leaders and NATO Secretary-General Mark Rutte. Based on these discussions,

Rheinmetall AG predicts that sales and operating profit will continue to grow this year. German arms maker to benefit from sharp rise in European defense spending, according to Bloomberg. Rheinmetall forecasts revenue growth of 25-30%.