Rheinmetall slides in early trade after Q2 miss

RENK AG

07/08/2025 07:46

** Shares in Rheinmetall RHMG.DE fall 4% in early Frankfurt trade after the German defence company posted its quarterly results below expectations

** Rheinmetall's Q2 sales came in at 2.43 billion euros($2.84 billion), compared to analysts' average estimate of 2.53 billion euros, according to a poll by Vara-Research

** Its Q2 EBIT amounted to 236 million euros, missing analysts' forecast of 252.4 million euros

** "Softer than anticipated," Jefferies says, describing the company's Q2 report as a weak release overall, with  sales below expectations and EBIT miss

** German peers Hensoldt HAGG.DE and Renk R3NK.DE slide 2.5% and 3.4%, respectively

** The stock, which has gained 190% YTD, is seen at the bottom of Germany's blue-chip index .GDAXI

($1 = 0.8566 euros)

(Reporting by Ozan Ergenay)

((ozan.ergenay@thomsonreuters.com))