Rheinmetall AG

RHM: XETR (DEU)

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Rheinmetall Earnings: Arminius Delay Weakens Growth Visibility Despite Strong Demand; FVE Cut by 21%

Loredana Muharremi

Nov 5, 2026

Rheinmetall’s third-quarter operating profit rose 62% to EUR 553 million. It cut 2026 sales guidance to EUR 13.2 billion from EUR 13.7 billion-EUR 14.2 billion and its operating margin outlook to 18.5% from around 19%. Shares fell about 16% intraday.

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Rheinmetall AG

Rheinmetall Earnings: Arminius Delay Weakens Growth Visibility Despite Strong Demand; FVE Cut by 21%

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