India, April 28 -- Rheinmetall AG (RNMBF.PK), a German automotive and arms manufacturer, reported higher preliminary sales and operating profit for the first quarter of the current fiscal year, significantly surpassing market expectations, according to the company.
Based on preliminary figures as of April 28, 2025, a significant increase in sales of almost 73% is expected for the military business in the first quarter compared with the same quarter of the previous year, corresponding to an increase of around 46% for the Group as a whole to a total of 2.305 billion euros.
In addition, an increase in operating profit in the defense business of around 96% is expected, which in turn corresponds to an increase for the Group as a whole of 49% t...