Rheinmetall AG : Numerous sources of new growth but cash conversion a shade disappointing
>Electronic solutions and vehicle systems, to a lesser extent, new growth drivers - At its CMD in Rome, Rheinmetall unveiled its targets for FY 2027 for an EBIT margin >18% and sales of c.€ 20bn, i.e. EBIT at around 14% above the Visible Alpha consensus. The difference was primarily due to electronic solutions (for the top line and margins) which should benefit from the stronger-than-anticipated acceleration of air defence sales and digitisation programmes. Strong sal...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.