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Posted by
Two Blokes May 8 -
Filed in
Stock
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Rheinmetall AG has shown significant growth, driven by high demand for defense systems, with a 46% sales increase and a 56% backlog growth. Despite economic pressures on its civil business, Rheinmetall's defense segments, particularly vehicle systems and ammunition, have seen substantial profit and margin expansions. The company's strong backlog and expected nominations indicate a robust growth trajectory, with a 25% upside and a $2,343 price target for FY27.
