Rheinmetall defence reports 18% rise in earnings

02 March 2018

German land systems specialist Rheinmetall AG reported results for its 2017 financial year on 1 March, reporting growth in the sales and earnings of its Automotive and Defence divisions.

Total company sales were up 5% to EUR5,896 million (USD7,201 million), while its operating result rose 13% to EUR400 million.

Rheinmetall Defence, the larger of the company’s two businesses, generated sales in 2017 of EUR3,036 million, up 3% compared with 2016’s result.

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