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Rheinmetall AG (RHMG.DE)

RHMG.DE on Xetra

101.85EUR
18 Apr 2019
Change (% chg)

€1.25 (+1.24%)
Prev Close
€100.60
Open
€100.00
Day's High
€102.10
Day's Low
€99.64
Volume
165,031
Avg. Vol
166,075
52-wk High
€117.85
52-wk Low
€68.94

Latest Key Developments (Source: Significant Developments)

Rheinmetall Acquires Armour Protection Maker IBD Deisenroth
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Rheinmetall AG ::ACQUIRES IBD DEISENROTH.PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE.  Full Article

Rheinmetall: Government Of Canada Awards Rheinmetall Canada With Support Contract
Monday, 25 Mar 2019 

March 25 (Reuters) - RHEINMETALL AG ::RHEINMETALL CANADA AWARDED A MAJOR LAND C4ISR PROGRAM SUPPORT CONTRACT BY THE GOVERNMENT OF CANADA.THE FRAME CONTRACT IS CURRENTLY WORTH UP TO CAD 57 MILLION.CONTRACT WILL TAKE PLACE OVER THE NEXT FIVE YEARS AND WILL BE EXPENSED USING A TASK MECHANISM OVER THIS PERIOD.  Full Article

Rheinmetall To Create A Uk Based Joint Venture With BAE Systems
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Rheinmetall Ag ::RHEINMETALL AND BAE SYSTEMS TO CREATE A UK BASED LAND SYSTEMS JOINT VENTURE.RHEINMETALL AND BAE SYSTEMS TODAY ANNOUNCED THAT THEY HAVE SIGNED AN AGREEMENT TO CREATE A JOINT UK BASED MILITARY VEHICLE DESIGN, MANUFACTURING AND SUPPORT BUSINESS.NEW JOINT VENTURE WILL BE HEADQUARTERED AT BAE SYSTEMS’ FACILITY IN TELFORD, ENGLAND AND WILL SUSTAIN OVER 400 JOBS IN THE UK, AS WELL AS PRESERVE KEY TECHNOLOGY AND ENGINEERING SKILLS.RHEINMETALL WILL PURCHASE A 55 PERCENT STAKE IN THE EXISTING BAE SYSTEMS UK BASED COMBAT VEHICLES BUSINESS, WITH BAE SYSTEMS RETAINING 45 PERCENT.JV TO BE COMPLETED IN THE FIRST HALF OF 2019..  Full Article

Rheinmetall Wins 43 Mln Euro Contract From British Armed Forces
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Rheinmetall AG ::RHEINMETALL MODERNIZES BRITISH LOGISTIC VEHICLES FLEET.TOTAL OF 382 RETROFIT KITS FOR THE ENHANCED PALLET LOADING SYSTEM, OR EPLS, WILL BE SUPPLIED AND INTEGRATED INTO THE TRIED-AND-TESTED HX TRUCKS OF HER MAJESTY'S ARMED FORCES.RMMV CONTRACT IS WORTH OVER €43 MILLION.  Full Article

Rheinmetall Wins Follow-Up Order From Canadian Forces
Wednesday, 20 Jun 2018 

June 20 (Reuters) - RHEINMETALL AG ::HAS WON AN IMPORTANT FOLLOW-UP ORDER FROM THE CANADIAN ARMED FORCES.NAVY OF NATO PARTNER COUNTRY TO EXPAND MASS PROTECTION SYSTEMS ON FRIGATES WITH TOTAL VALUE OF AROUND CAD 20 MILLION (EUR 12 MILLION).PROJECT WILL HAVE TOTAL DURATION OF FOUR YEARS (2018 TO 2022).  Full Article

Rheinmetall: Subsidiary KS Kolbenschmidt Wins Contract In China
Thursday, 22 Mar 2018 

March 22 (Reuters) - RHEINMETALL AG ::FORWARD-LOOKING ORDER IN CHINA.SUBSIDIARY KS KOLBENSCHMIDT HAS JUST BEEN AWARDED ITS FIRST CONTRACT FOR PISTONS FEATURING THE LATEST LITEKS 4 TECHNOLOGY‍​.ORDER HAS A LIFETIME VALUE OF OVER €47 MILLION.  Full Article

Rheinmetall: Major Order From Australia
Wednesday, 21 Mar 2018 

March 21 (Reuters) - RHEINMETALL AG ::MAJOR ORDER FROM AUSTRALIA.RHEINMETALL TO SUPPLY ARTILLERY AMMUNITION.THE ORDER IS WORTH AROUND AUD 100 MILLION, ROUGHLY EUR 65 MILLION.  Full Article

BRIEF-Rheinmetall expects annual German orders to average 2 bln euros
Thursday, 15 Mar 2018 

Corrects first bullet to show CEO expects annual orders to average 2 bln euros per year, not an order for 2 bln euros:CEO SAYS WE EXPECT AVERAGE ANNUAL ORDERS OF 2 BLN EURO FROM THE GERMAN ARMED FORCES .CEO SAYS FRANCO-GERMAN SUCCESSOR TANK TO LEOPARD TO BE DEVELOPED BY 2025, PRODUCTION READY BY 2030.  Full Article

Rheinmetall expects 2 bln euro German order in coming years
Thursday, 15 Mar 2018 

March 15 (Reuters) - Rheinmetall ::CEO SAYS WE EXPECT A 2 BILLION EURO CONTRACT FROM THE GERMAN ARMED FORCES IN THE COMING YEARS.CEO SAYS FRANCO-GERMAN SUCCESSOR TANK TO LEOPARD TO BE DEVELOPED BY 2025, PRODUCTION READY BY 2030.  Full Article

Rheinmetall 2017 Operating Margin Improves to 6.8 Pct
Thursday, 1 Mar 2018 

March 1 (Reuters) - Rheinmetall AG ::SAYS 2017 CONSOLIDATED SALES GROW 5% TO €5,896 MILLION.SAYS 2017 OPERATING RESULT UP 13 PERCENT AT 400 MILLION EUROS.SAYS 2017 EBIT 385 MILLION EUROS VS RTRS POLL AVG 375 MLN.RHEINMETALL DEFENCE’S ORDER BACKLOG DOWN SLIGHTLY AT 6.416 BILLION EUR AT END-2017.CONSOLIDATED GROUP OPERATING MARGIN 6.8 PERCENT IN 2017 VERSUS 6.3 PERCENT YEAR-EARLIER.  Full Article

UPDATE 1-Rheinmetall ready to ship Saudi trucks as defence drives profit

BERLIN, March 13 Rheinmetall is ready to ship 120 military trucks to Saudi Arabia as soon as Berlin decides on an export licence the German firm said on Wednesday as it reported a 40 percent rise in full-year profit driven by growth in its defence business.