Profit jumping, sales that are expected

German weapon manufacturer Reinmetall on Wednesday He said that this year expected sales of 2025 years jumping by 25-30%, against the background of “major orders from military customers”, which could further increase from the recent change in European defense policies.

The company reported a jump by 36% in sales consolidates in 2024, and sales in the defense business increased by 50%.

Frankfurt shares rheinmetall have grown by almost 89% since the beginning of the year, wider European Defense Protection Academy Among the perspective Regional governments carrying protection.

European leaders Click to strengthen the regional protection capabilities comes as US President Donald Trump put pressure on European allies by NATO to send more money into safety costs, while uncertainty is stored in how much support Ukraine can expect from the new White House administration.

Reinmetall was highlighted a number of analysts As an action that needs to be observed, how European defense history develops. Previously this monthJPMorgan raised the target price for the company up to 1200 euros ($ 1,308) from 800 euros.

This broken news is updated.