Overview
- Jan van Aken, leader of Germany's Left party, revealed a €3,200 profit from Rheinmetall shares purchased in 2017 for €180.
- Van Aken retains one share to attend shareholder meetings and influence discussions on arms industry ethics.
- He described profits from war as 'disgusting' and urged immediate implementation of a windfall tax on arms manufacturers.
- Rheinmetall's stock price has surged since 2022, driven by increased European defense spending following the Ukraine conflict.
- The company reported a 46% revenue growth in Q1 2025, reaching €2.3 billion, reflecting robust demand for defense products.