Rheinmetall expects robust 2025 sales amid Europe's defence push

Published on March 14, 2025
BERLIN, March 12 (Reuters) - Rheinmetall (RHMG.DE), opens new tab, a major beneficiary of Europe's big push to invest in defence, said on Wednesday it expects significant sales growth in 2025 and that it would update its outlook to take into account recent developments in the war in Ukraine.
"An era of rearmament has begun in Europe that will demand a lot from all of us. However, it also brings us at Rheinmetall growth prospects for the coming years that we have never experienced before," CEO Armin Papperger said in a statement.
 
Shares jumped 6.2% in midday trading, making Rheinmetall was the top gainer in percentage terms on Germany's benchmark DAX index. The stock has more than doubled within a year to about 1,230 euros.
Europe's top ammunition maker is betting on a surge in spending by European leaders who back Ukraine in its conflict with Russia, amid ructions in U.S. policy towards the region following President Donald Trump's inauguration.
On Tuesday, the U.S. agreed to resume military aid and intelligence sharing with Ukraine, which said it would accept a U.S. proposal for a 30-day ceasefire.
 
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