Rheinmetall AG (RHM.DE)
- Reuters
Rheinmetall's profit doubles as defence spending surges
Its chief executive, Armin Papperger, was reportedly the target of a Russian assassination plot. The German company also said it had received an order from the Ukrainian government for the construction of an ammunition factory in Ukraine. Operating earnings in April-June rose 111% year-on-year to 271 million euros ($293 million) beating expectations for 226 million, while the operating profit margin rose to 12.1%, above the consensus for 11.0%, based on the preliminary numbers, the German company said.
- Simply Wall St.
We Ran A Stock Scan For Earnings Growth And Rheinmetall (ETR:RHM) Passed With Ease
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
- Oilprice.com
Raw Material Shortages Weigh on EU Ammunition Production
An investigation revealed the EU's artillery shell production capacity and deliveries to Ukraine are significantly lower than publicly stated, hindering Ukraine's defense efforts against Russia.
