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

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)