Rheinmetall sees profit jump as Europe prepares for military splurge

Germany’s Rheinmetall announces a 38% jump in net profit in 2024 and predicts a sales boost as Europe increases military capacity.

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Rheinmetall Group concluded its 2024 fiscal year with a record-high operating profit, up by 61% to around €1.48bn.

The Düsseldorf-based…

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