Rheinmetall AG / Profit Warning
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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As a consequence of worldwide plummeting call orders by automotive
customers in Q4/2008, Rheinmetall AG no longer expects its Automotive
sector to be in line with its sales and EBIT forecasts for 2008.
From today’s point of view, Rheinmetall AG looks for its Automotive sector
to an EBIT of around €80 million, its Defence sector’s being predicted to
equal or exceed €180 million. For the Rheinmetall Group’s consolidated
earnings, this means an EBIT between €250 million and €260 million
(previous forecasts: €280–290 million).
The Group’s provisional EBIT for the 9 months (3Q) ended September 30,
2008, ranges around the year-earlier level. Detailed financial information
will be presented in the 3-quarter financial report published November 5,
2008.
23.10.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Rheinmetall AG
Rheinmetall Platz 1
40476 Düsseldorf
Deutschland
Phone: +49 (0)211 473-4777
Fax: +49 (0)211 473-4157
E-mail: franz-bernd.reich@rheinmetall.com
Internet: www.rheinmetall.com
ISIN: DE0007030009
WKN: 703000
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, Hamburg, München, Stuttgart; Freiverkehr in
Hannover
End of News DGAP News-Service
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