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.