|Bid||227.20 x 26700|
|Ask||227.30 x 4500|
|Day's range||222.90 - 231.40|
|52-week range||90.32 - 232.00|
|Beta (5Y monthly)||0.80|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||3.30 (2.00%)|
|Ex-dividend date||11 May 2022|
|1y target est||N/A|
German defence group Rheinmetall on Tuesday raised its sales expectations for 2025 on higher demand for weapons due to the war in Ukraine and called on Berlin to speed up planned big orders and make good on a pledge to boost its armed forces. The comments by Rheinmetall CEO Armin Papperger come as Germany has earmarked 100 billion euros ($109 billion) to bring its military back up to scratch after decades of attrition since the end of the Cold War. They also come as Germany comes under pressure to step up defence supplies to Ukraine, including Leopard tanks manufactured by Rheinmetall together with Krauss-Maffei Wegmann.
Rheinmetall (ETR:RHM) has had a great run on the share market with its stock up by a significant 41% over the last...
Rheinmetall said it would be providing the new 900-volt generation of electrically powered vehicles with a new type of contactor to a premium German automaker. Contactors are electrically controlled switches that make it safe to turn electric vehicles on and off, said Rheinmetall. Starting in 2025, Rheinmetall will supply tens of millions of these contactors for the automaker's new vehicle platform, the company said.