MWB-Research analyst Jens-Peter Rieck said that Rheinmetall is clearly preparing to obtain a dominant share of the European Defense Special Fund currently under discussion. The size of the fund could reach around 200 billion euros. He pointed out that the German arms manufacturer's performance in 2024 was “strong”, and the backlog of orders reached the highest level in history. If key projects were not postponed to the first quarter of this year, the backlog of orders could have been even higher. Rieck said that Rheinmetall is in a growth phase and is expected to achieve most of the growth over the next five years. He pointed out that the company's capital expenditure plan accounts for 9% of sales, which clearly indicates that the company is preparing for a significant increase in orders. The company's shares rose 7.4% to 1,237.50 euros.

Zhitongcaijing · 03/12 12:09
MWB-Research analyst Jens-Peter Rieck said that Rheinmetall is clearly preparing to obtain a dominant share of the European Defense Special Fund currently under discussion. The size of the fund could reach around 200 billion euros. He pointed out that the German arms manufacturer's performance in 2024 was “strong”, and the backlog of orders reached the highest level in history. If key projects were not postponed to the first quarter of this year, the backlog of orders could have been even higher. Rieck said that Rheinmetall is in a growth phase and is expected to achieve most of the growth over the next five years. He pointed out that the company's capital expenditure plan accounts for 9% of sales, which clearly indicates that the company is preparing for a significant increase in orders. The company's shares rose 7.4% to 1,237.50 euros.