Rheinmetall Shares Rise as Defense Giant Sees Sales Surging Fivefold by 2030

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No German group is currently experiencing such a boom as Rheinmetall. The armaments company wants to accelerate its unabated growth. Sales are to be fivefold by 2030. The details that Chief Executive Officer Armin Papperger now discloses also look incredible.

Sueddeutsche Zeitung

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Rheinmetall relies on armaments boom and aims to increase sales to 50 billion euros by 2030. New naval divisions and acquisitions are to promote growth. Ammunition production in Europe is being expanded.

mannheim24.de

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aachener-zeitung.de

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onetz.de

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Since Russia invaded Ukraine, the demand for tanks, artillery and ammunition has been going through the ceiling. The increase in demand will continue for a long time, a manager is convinced.

Consenso del Mercado

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Consensus of the Bankinter Market The German defense company presented yesterday its Capital Markets Day. The 2030 objectives invite optimism and are significantly above what we expected. The main messages of the Capital Markets Day were: (i) Guides 2030 Sales ~50,000 M€ (vs 9,750 M€ in 2024 and vs ca. 30,000 M€ estimated by us in the last note), operating margin >20% (vs 14.2% vs 18.6%) and conversion of the operating margin into cash >50% (vs…