UK markets open in 6 hours 40 minutes
  • NIKKEI 225

    26,445.13
    +52.09 (+0.20%)
     
  • HANG SENG

    21,859.79
    -137.10 (-0.62%)
     
  • CRUDE OIL

    106.44
    +0.68 (+0.64%)
     
  • GOLD FUTURES

    1,806.80
    -0.50 (-0.03%)
     
  • DOW

    30,775.43
    -253.88 (-0.82%)
     
  • BTC-GBP

    16,226.81
    -392.66 (-2.36%)
     
  • CMC Crypto 200

    422.46
    -9.01 (-2.09%)
     
  • ^IXIC

    11,028.74
    -149.16 (-1.33%)
     
  • ^FTAS

    3,940.90
    -78.63 (-1.96%)
     

Rheinmetall CEO eyes growth rate of 20% in coming years - Handelsblatt

  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

BERLIN (Reuters) - German arms maker Rheinmetall is ready to make acquisitions and expects a significant boost in sales due to increased demand for armaments following Russia's invasion of Ukraine, group CEO Armin Papperger told Handelsblatt.

"Over the coming years, a growth rate of 20 percent should be possible," he told Handelsblatt in an interview, adding: "We are ready for acquisitions."

(Reporting by Riham Alkousaa; Writing by Paul Carrel; Editing by Madeline Chambers)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting