Report
Olfa Taamallah ...
  • Yan Derocles

Rheinmetall AG : De nombreux relais de croissance mais une conversion cash un peu décevante

>Electronic Solutions et dans une moindre mesure VS prennent le relais - Lors de son CMD organisé à Rome, Rheinmetall a dévoilé des objectifs FY 27 de marge d'EBIT >18% pour un CA de c.20 Md€, soit un niveau d'EBIT environ 14% au-delà des attentes du consensus VA. L'écart s'explique essentiellement par Electronic Solutions (en top line comme en marge) qui bénéficiera de l'accélération plus forte qu'attendue des ventes de défense anti-aérienne et des programmes de numé...
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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