Quarterly statement as of 31 March 2022
Rheinmetall boosts profitability in the first quarter: Operating result and margin improved further
Consolidated sales of €1,266 million on a par with the previous year
Consolidated operating result increases from €84 million to €92 million – growth of 10%
Further improvement in operating margin – 7.3% after 6.7% in the same quarter of the previous year
Continued high growth in orders
Annual forecast for 2022 confirmed
Rheinmetall AG further strengthened its profitability in the first quarter of 2022 while maintaining stable business performance. As a result, the technology group is on course to achieve its ambitious profitability target for fiscal 2022 and further boost income.
The Rheinmetall Group confirmed its annual forecast from March 2022 and is anticipating growth in sales in conjunction with a higher operating margin and, in turn, a further improved operating result in fiscal 2022.
Armin Papperger, Chief Executive Officer of Rheinmetall AG: “Rheinmetall is continuing its successful course. Along with consistently high sales, we even managed to further boost our performance in the first quarter. In the current security policy situation, we now consider ourselves well positioned to make valuable contributions to strengthening defence capabilities in numerous countries. Political leaders have sent clear signals. Now these have to be turned into concrete measures. We at Rheinmetall are ready for this. Responsibility for freedom and security – that is our mission through our security technologies business. Thanks to our civil sector activities, we are making valuable contributions to the technological transformation in the mobility sector. With a growing share of sales attributable to alternative drive technologies, we are well positioned to drive forward the transformation of the industry and leverage new growth potential for us. Responsibility is important here, too – for the transformation toward climate-friendly mobility and new forms of energy supply, for example by means of hydrogen technology.”