Profit jumps, sales are expected to come out

German arms manufacturer Rheinmetall on Wednesday He said he hopes that 2025 sales will jump by 25-30% this year, amid the expectations of “important high volume orders of military clients” that could obtain a greater impulse of a recent change in tactics in the European Defense policy.

The company reported a 36% leap in consolidated sales in 2024, with sales in the defense business increased by 50%. Defense sales are expected to grow 35% to 40% this year, said Rheinmetall.

The rise of sales last year helped push Rheinmetall’s operational profits to a record, 61% more than 1.48 billion euros ($ 1.61 billion). The operational margin for the year was 15.2%, compared to 12.8% in 2023.

At the end of last year, Rheinmetall said that his request for orders had also reached a maximum record of 55 billion euros. He said he expected “important high volume orders of military clients” in the coming years.

The company said that its current perspective does not take into account recent geopolitical developments related to The war in Ukraine and European Defense ExpenditureBut he added that he would adjust his forecasts “as the respective requirements of military clients become more specific during the year.”

“Given the dramatically changed situation of security policy, the group is seen in a promising position to play an important role in the next increase in defense capacity with safety -related products in Germany and associated countries,” said the company in its gains launch.

Rheinmetalll’s shares in Frankfurt have increased almost 88.3% since the beginning of the year, so broad European defense actions have shot amid the perspective of a defense of defense by regional governments.

European leaders Push for reinforcing regional defense capabilities comes as the president of the United States, Donald Trump You are pressing NATO European allies to channel more money In security spending, while uncertainty persists on how much support Ukraine can expect from the new White House administration.

Rheinmetall has been highlighted by several analysts As stock to see how the history of European defense develops. Earl this monthJPMorgan increased its target price for the company to 1,200 euros ($ 1,308) of 800 euros.

This last -minute news is being updated.