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Rheinmetall expects record operating results for 2022

According to preliminary calculations, the German arms group and automobile supplier Rheinmetall achieved record operating results last year. The group surprisingly announced on Friday in Dusseldorf based on preliminary numbers that its operating margin should be better than previously thought.

On the other hand, organic growth is not likely to be as strong as expected. According to Rheinmetall, this is due to both a slow recovery in global auto production and the fact that some orders in defense have been pushed back until 2023. MDAX-listed shares then jumped briefly, but have since given up some of the gains. Recently, it has risen by 2.6 percent.

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