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Rheinmetall AG (RHMG.DE)

RHMG.DE on Xetra

103.95EUR
3:44pm GMT
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€108.90
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Latest Key Developments (Source: Significant Developments)

Rheinmetall Subsidiary Books Order For On-Road Trucks‍​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - RHEINMETALL AG ::SUBSIDIARY BOOKS ORDER FOR ON-ROAD TRUCKS‍​.ORDER WITH A LIFE-TIME VOLUME WORTH OVER €71 MILLION.  Full Article

Rheinmetall to supply Bundeswehr with DM98 practice ammunition
Friday, 3 Nov 2017 

Nov 3 (Reuters) - RHEINMETALL AG ::TO SUPPLY THE BUNDESWEHR WITH DM98 PRACTICE AMMUNITION FOR LEOPARD 2 MB‍​.GERMAN ARMY’S FIRST-EVER ORDER OF NEW FULL-CALIBRE 120MM PRACTICE AMMUNITION, WHICH IT REFERS TO AS DM98.EXPECTS TO RECEIVE AN ORDER FOR A FURTHER 3,200 CARTRIDGES AT THE BEGINNING OF 2018‍​.ENTIRE ORDER VALUE FOR THE INITIAL REQUIREMENT TOTALS €24.7 MILLION.  Full Article

Rheinmetall optimizes location structure of piston production‍​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - RHEINMETALL AG ::OPTIMIZES LOCATION STRUCTURE OF PISTON PRODUCTION‍​.EARNINGS TO IMPROVE BY €10 MILLION A YEAR IN THE MEDIUM-TERM‍​.POTENTIAL CLOSING COSTS THIS YEAR ARE ESTIMATED AT A LOW EIGHT-FIGURE SUM.‍​.THIS ONE-OFF EXPENSE WILL AFFECT THE EBIT REPORTED IN THE THIRD QUARTER OF 2017.REACHED AGREEMENT WITH UNIONS ON DISCONTINUATION OF PISTON PRODUCTION IN THIONVILLE, FRANCE, IN 2018.  Full Article

Rheinmetall wins order for modernization of Leopard tanks for the Bundeswehr
Wednesday, 27 Sep 2017 

Sept 27 (Reuters) - RHEINMETALL AG :‍MAJOR ORDER FOR RHEINMETALL​.‍WILL SOON BE MODERNIZING PART OF BUNDESWEHR'S FLEET OF LEOPARD MAIN BATTLE TANKS,​.‍MODERNIZATION PACKAGE IS WORTH A TOTAL OF EUR 118 MILLION​.‍FIRST SERIALLY RETROFITTED LEOPARD 2 A7V TANKS WILL REACH BUNDESWEHR STARTING IN 2020​.  Full Article

Rheinmetall reports 10 pct sales rise in H1
Thursday, 4 Aug 2016 

Rheinmetall Says: Consolidated sales grow adjusted for currency effects 10 percent to 2,599 million euros ($2.90 billion) in H1 2016 . Says strong sales growth in defence of 19 % to €1,250 million and positive operating earnings . Says automotive increases sales after good second quarter to €1,349 million, profitability with 8.3 % at persistently high level . Says for the defence sector, sales are expected to grow to around €2.8 billion after just under €2.6 billion in 2015 . Says defence sector profitability is expected to continue increasing, with a forecasted return on sales of between 4.5 % and 5.0 % based on operating earnings before interest and taxes . Says operating earnings for the group increase by €24 million (30 %) to €103 million . Q2 sales was 1.295 billion eur, ebit 65.1 million, net profit 32.9 million . Says order backlog in the group reaches €7.3 billion . Says in 2016, rheinmetall expects the growth to continue and sales to rise by more than 5 % to around €5.5 billion . Says expects global automotive production to rise by 3.2 % this year to around 2.7 billion eur . Says anticipates further improvements in group earnings in fiscal year 2016 . Says automotive return expected to be about 8 % in 2016 . Says taking into account holding costs of around €20 million, this results in an expected return of about 6% for the rheinmetall group.  Full Article

Rheinmetall wins 400 mln eur ammunition deal
Tuesday, 26 Jul 2016 

Rheinmetall AG : Says the contract runs for seven years . Says rheinmetall wins major order for ammunition worth over 400 million euros from an international customer Further company coverage: [RHMG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Rheinmetall AG wins ammunition order for Bundeswehr Puma
Wednesday, 4 May 2016 

Rheinmetall AG:Says to supply ammunition and accessories for Bundeswehr’s Puma infantry fighting vehicle.Says the orders, placed from February to April, are worth over 12 million euros in total.  Full Article

Rheinmetall AG wins 100 mln euro order from Embraer
Monday, 11 Apr 2016 

Rheinmetall AG:Says to supply complete training equipment for new Embraer KC-390 transport plane.Order worth over 100 million euros.Embraer contracts with Rheinmetall to develop and supply full suite of training equipment for Embraer KC-390 transport plane.  Full Article

Rheinmetall wins Chinese actuator contract worth 85 mln euros
Wednesday, 6 Apr 2016 

Rheinmetall AG:Wins Chinese actuator contract worth 85 million euros.  Full Article

Rheinmetall AG wins 225 million euros ammunition deal
Thursday, 10 Mar 2016 

Rheinmetall AG:Says to manufacture ordnance for European partner.Ammunition to be jointly manufactured by its Italian unit and European defence contractor.Contract worth up to 225 million euros.  Full Article

BRIEF-Rheinmetall Subsidiary Books Order For On-Road Trucks‍​

* ORDER WITH A LIFE-TIME VOLUME WORTH OVER €71 MILLION Further company coverage: (Gdynia Newsroom)