Rheinmetall AG
ISIN: DE0007030009
WKN: 703000
24 July 2024 09:01AM

EQS-Adhoc: Rheinmetall AG: Rheinmetall AG significantly increases sales and operating result in the second quarter of 2024 and clearly exceeds market expectations - guidance for the full year 2024 confirmed

Rheinmetall AG · ISIN: DE0007030009 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1952631

EQS-Ad-hoc: Rheinmetall AG / Key word(s): Quarter Results
Rheinmetall AG: Rheinmetall AG significantly increases sales and operating result in the second quarter of 2024 and clearly exceeds market expectations - guidance for the full year 2024 confirmed

24-Jul-2024 / 09:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Rheinmetall AG / Schlagwort(e): Quartalsergebnis
Rheinmetall AG significantly increases sales and operating result in the second quarter of 2024 and clearly exceeds market expectations - guidance for the full year 2024 confirmed

 

Düsseldorf, July 24, 2024 - Rheinmetall AG significantly increased its sales and operating result in the second quarter of the current fiscal year, thus clearly exceeding the current market expectations of the capital market.

Based on the preliminary figures as of July 24, 2024, a significant year-over-year increase in sales of around 49% to €2,234 million and in operating earnings of around 111% to €271 million is expected for the second quarter. This puts both key figures well above the market expectations of €2,064.1 million for sales and €226.2 million for the operating result. Based on the preliminary figures, the operating profit margin has risen to 12.1% compared to the consensus of 11.0%.

The positive development of the key financial figures is mainly due to early sales recognition in the Weapon and Munitions division and the proportionately higher sales contribution of Rheinmetall Expal Munitions in the first six months.

The strong order intake in the second quarter caused Rheinmetall Nominations to rise to €11.4 billion. This was mainly due to orders from the German customer as a result of the implementation of procurement projects from the Bundeswehr's special fund.

Against this backdrop and the expected business development in the second half of the year, the Management confirms the sales and earnings forecast for the full year 2024 with at least consolidated sales of around €10 billion and an operating earnings margin of between 14-15% (including acquisitions). Rheinmetall will report the full financial figures for the second quarter on August 8, 2024.



Contact:
Dirk Winkels +49 (0) 211 473 4749, dirk.winkels@rheinmetall.com


End of Inside Information

24-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Rheinmetall AG
Rheinmetall Platz 1
40476 Düsseldorf
Germany
Phone: +49 (0)211 473-4300
Fax: +49 (0)211 473-4158
E-mail: dirk.winkels@rheinmetall.com
Internet: www.rheinmetall.com
ISIN: DE0007030009
WKN: 703000
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover, Tradegate Exchange
EQS News ID: 1952631

 
End of Announcement EQS News Service

1952631  24-Jul-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1952631&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 6.148,00 6.255,00 5.875,00 5.658,00 6.410,00 7.176,00 10.000,00
EBITDA1,2 651,00 792,00 646,00 859,00 980,00 1.205,00 1.770,00
EBITDA-Margin3 10,59 12,66 11,00 15,18 15,29 16,79 17,70
EBIT1,4 518,00 512,00 89,00 608,00 731,00 897,00 1.450,00
EBIT-Margin5 8,43 8,19 1,52 10,75 11,40 12,50 14,50
Net Profit (Loss)1 265,00 354,00 1,00 332,00 535,00 586,00 940,00
Net-Margin6 4,31 5,66 0,02 5,87 8,35 8,17 9,40
Cashflow1,7 242,00 602,00 453,00 690,00 174,00 743,00 0,00
Earnings per share8 7,10 7,77 -0,62 6,72 10,82 12,07 21,50
Dividend per share8 2,10 2,40 2,00 3,30 4,30 5,70 8,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Rheinmetall
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
703000 DE0007030009 AG 26.640,59 Mio € Kaufen 9F387Q3P+89
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
23,52 17,28 1,36 77,25 8,68 35,86 3,71
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
4,30 5,70 8,00 1,31%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
13.05.2025 08.05.2025 07.08.2025 07.11.2024 12.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,39%
611,60 €
ATH 663,80 €
+10,58% +16,61% +113,10% +114,82% +11.225,93%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2024          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2024 by Gereon Kruse #BGFL