Rheinmetall Sales Miss Estimates as Revenues Shift Into 2Q
9 Articles
9 Articles
Rheinmetall remained below expectations in the first quarter, but promises to catch up in the second quarter. The armaments company can hardly save itself from orders. The DAX title is in demand today.
The strong growth course of Rheinmetall received a damper in the first quarter: According to preliminary figures, sales and operating profit remained below market expectations.
Rheinmetall has started less than expected in the year. However, the Group hopes for a significant acceleration in the second quarter and confirms its annual targets.
Rheinmetall misses its sales expectations at the start of the year, but analysts continue to see great potential and adhere to the ambitious target. With optimistic signals from management, the armaments group is trying to strengthen investor confidence despite the subdued quarter.
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