News Digest / Ticker: RNMBY

Ticker: RNMBY

04:24am, Thursday, Aug 08, 2024

Rheinmetall AG Set to Soar: Projected €10 Billion Sales and Record Backlog Amid Booming Defense Demand

Rheinmetall AG (ETR: RHMG) projects €10 billion in sales for 2024, driven by strong demand and a robust order book. With a 33% sales increase in H1 2024 and a record backlog of €48.6 billion, investors should watch this defense giant’s strategic growth.