2024-05-21 21:30:00 ET
Summary
- Rheinmetall stock has seen impressive performance, more than doubling since coverage began, outperforming the S&P 500.
- Q1 results show strong growth in sales and earnings, particularly in weapon and ammunition sales.
- Rheinmetall confirms 2024 guidance, with a backlog indicating continued high demand and need for capacity expansion.
- The investment case for Rheinmetall remains compelling on continued demand strength for ammunition and recapitalization of weapon systems.
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For further details see:
Rheinmetall: Here Is A Way To Capitalize On Reversal Of European Peace Dividend