Rheinmetall AG (WBO:RHM)
€ 615.8 -2.2 (-0.36%) Market Cap: 26.75 Bil Enterprise Value: 27.74 Bil PE Ratio: 48.63 PB Ratio: 8.13 GF Score: 65/100
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Half Year 2024 Rheinmetall AG Earnings Call Transcript

Aug 08, 2024 / 12:00PM GMT
Release Date Price: €499.5 (+0.89%)
Operator

Hello, ladies and gentlemen, and welcome to the Rheinmetall AG conference call. (Operator Instructions)

Let me now turn the floor over to the CEO, Armin Papperger.

Armin Papperger
Rheinmetall AG - Chairman of the Executive Board, Chief Executive Officer

Thank you very much for the kind introduction, and also a very warm welcome from my side to the Q2 earnings call. I will walk you through the presentation together with my colleague, Dagmar Steinert, who will take over the quarterly financial details. Before I start with the highlights, please let me remind you of the legal disclaimer on the following page.

Now let's go to page number 3. Rheinmetall had a very good Q2 2024. Here are the highlights. We had a plus of 49% on sales to EUR2.234 billion. The operating results has a plus of 110% to EUR270 million. Operating margin is growing up to 12.1%. And also, and we are very happy about that, we can say welcome to 3,573 people if you compare that with the quarter last year. So we are still in good shape to get good and highly qualified and also

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