Cookies & Data privacy

We use cookies to optimally design and continuously improve our websites and for statistical purposes. You can find more information about the use of cookies here and in our privacy policy .

By clicking on the right button or simply continuing to browse on our website, only cookies that are technically necessary are activated. Further cookies (e.g. for statistical purposes) are only used if you actively select this in the privacy settings (CONVENIENCE or STATISTICS button). You can change your cookie settings for this website at any time here . You can delete existing cookies via your browser functions.

claim

Ad hoc announcements

DGAP-Ad-hoc: Rheinmetall AG: Preliminary figures for the first quarter of 2021: Rheinmetall has strong start to the year

Rheinmetall AG / Key word(s): Quarter Results
Rheinmetall AG: Preliminary figures for the first quarter of 2021: Rheinmetall has strong start to the year

20-Apr-2021 / 15:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

 

 

Preliminary figures indicate that in the first quarter of 2021 Rheinmetall AG achieved consolidated sales of €1,405 million (Q1 2020: €1,358 million) and a consolidated operating result of €87 million (Q1 2020: €34 million). The operating result did not contain any special effects in the previous year, nor does it contain any in the current fiscal year. At 6.2%, the operating margin is at an exceptionally high level for the first quarter of the year (Q1 2020: 2.5%).

The preliminary figures for the first quarter of 2021 show that, for both sales and earnings, Rheinmetall is exceeding not only the previous year's key figures but also current market expectations, which - based on current analyst estimates - have a mean value of €1,371 million for sales and €72 million for the operating result.

The positive performance in the first quarter of 2021 is the result of the recovery on the global automotive markets combined with customer decisions to bring forward ammunition deliveries that were originally expected for the second quarter of 2021. Not only this, but the cost-cutting measures introduced last year in the wake of the coronavirus pandemic are now also taking full effect.

In light of the still relatively high level of uncertainty in the macroeconomic environment and given the situation on the procurement markets, Rheinmetall is sticking to the full-year forecast it published last month. For fiscal 2021 and including the non-core piston business, the forecast envisages operating sales growth of between 7% and 9% (2020 sales: €5,875 million) and an operating margin of between 8% and 9% (2020 operating margin: 7.3%). The Executive Board of Rheinmetall AG will continue to observe market developments over the coming months and adjust the forecast for fiscal 2021 if needed.

Rheinmetall will publish the complete quarterly figures and its quarterly financial report for the first quarter of 2021 on May 6, 2021.

20-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Rheinmetall AG
Rheinmetall Platz 1
40476 Düsseldorf
Germany
Phone: +49 (0)211 473-4749
Fax: +49 (0)211 473-4157
E-mail: dirk.winkels@rheinmetall.com
Internet: www.rheinmetall.com
ISIN: DE0007030009
WKN: 703000
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover, Tradegate Exchange
EQS News ID: 1186722

 
End of Announcement DGAP News Service

show this

back

Privacy settings

We place great importance on transparent information relating to all aspects of data protection. Our website contains detailed information on the settings you can select and what effect these settings have. You can change your selected settings at any time. Regardless of the selection you choose, we will not draw any conclusions regarding you as a person (except where you have explicitly entered your details). For information on deleting the cookies, please see the help function in your browser. You can find out more in the data protection declaration.

Change your privacy settings by clicking on the corresponding buttons

Necessary

Cookies essential for the system ensure that the website works correctly. Without these cookies, malfunctions or error messages may occur.

This website will:

  • Store cookies required by the system
  • Store the settings you make on this website

This site will never do the following without your agreement:

  • Store your settings, such as the language selection or cookie banner, so that you do not have to repeat them in the future.
  • Evaluate visits anonymously and draw conclusions to help us to optimize our website.
  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)

Convenience

These cookies make the website easier to use and save settings, for example, so that you do not have to repeat them every time you visit the site.

This website will:

  • Store cookies required by the system
  • Store your settings, such as the language selection or cookie banner, so that you do not have to repeat them in the future.

This site will never do the following without your agreement:

  • Evaluate visits anonymously and draw conclusions to help us to optimize our website.
  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)

Statistics

Statistics cookies enable us to evaluate the usage behaviour on the website anonymously – without enabling any conclusions to be drawn about you as a person. This enables us to measure the performance of the website and to improve it continuously to offer a better user experience.

This website will:

  • Store cookies required by the system
  • Store your settings, such as the language selection or cookie banner, so that you do not have to repeat them in the future.
  • Evaluate visits anonymously and draw conclusions to help us to optimize our website.

This site will never do the following without your agreement:

  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)

Notice regarding data transfers to the USA

If you select "STATISTICS", cookies from the US-based company Google Inc. will also be used. By selecting this option, you also expressly agree in accordance with Art. 49 Para. 1 S. 1 lit. a GDPR that your data collected by these cookies can also be processed by Google in the USA. The European Court of Justice (ECJ) has qualified the USA as a country with a level of data protection inadequate to EU standards. Further information on Google's handling of data protection can be found here.


Of course, we will always respect the do-not-track (DNT) setting in your browser. In this case, no tracking cookies are set and no tracking functions are loaded.