Report
Olfa Taamallah ...
  • Yan Derocles

Rheinmetall AG : Acceleration of orders in prospect

>An excellent year in 2022 apart from - Given the communication of 6 January 2023, when the company announced revenues of c.€ 6.4bn and a margin of at least 11.5% in 2022, the FY 2022 results publication scheduled for 16 March should not contain any major surprises. Despite the postponement of certain contracts to 2023, Q4 2022 will nonetheless have been solid, with EBIT of € 431m (+41%) on sales of € 2.3bn (c23% l-f-l), which marks a sharp acceleration after the firs...
Underlying
Rheinmetall AG

Rheinmetall is a holding company. Through its subsidiaries, Co. operates in two sectors: defence and automotive. Co.'s defence sector is comprised of three divisions: combat systems, engaging in armored tracked vehicles and NBC protection systems; electronic solutions, engaging in air defence systems and soldier systems; and wheeled vehicles, engaging in wheeled logistics vehicles and wheeled tactical vehicles. Co.'s automotive sector is comprised of three division: mechatronics, engaging in cutting emissions and air management systems; hardparts, engaging in pistons and plain bearings and bushes; and motorservice, which includes aftermarket activities for replacement parts business.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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