Overview

• Rheinmetall’s first-half revenue rose 24% to €4.7 billion and operative profit climbed 18% to €475 million.
• The group’s order backlog reached a record €63 billion even as second-quarter nominations fell due to delayed German budget approvals.
• The company reaffirmed its 2025 guidance and signaled that targets may be adjusted as European rearmament plans become clearer.
• Rheinmetall is moving to divest its civilian Power Systems division by year-end to concentrate on its expanding defence business.
• It is preparing to inaugurate Europe’s largest munitions factory in Niedersachsen within months to boost production capacity.