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Olfa Taamallah ...
  • Yan Derocles

Rheinmetall AG : Preview T1 – Beaucoup de bruit pour des décalages mineurs

>Un démarrage de l’exercice un peu poussif - Rheinmetall publiera le 4 mai un T1 2023 que nous attendons un peu poussif comparé aux objectifs annuels. Toutefois, à l’image de toutes les activités militaires, rappelons que le premier trimestre est traditionnellement le plus faible de l’année (contribution de seulement c11% de l’EBIT annuel), ce qui permet de largement relativiser ce lent démarrage de l’exercice. Nous tablons sur un résultat opérationnel de 90.1 M€ (-2....
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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