INDBInternet News Database 2.5 Updated 2 min ago · 285 sources Show or hide images Light or dark

Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk

1 source1 article First seen Updated Germany Truth score 16

Save Like Comments Compare coverage
Image from Zero Hedge

Summary

Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk Rheinmetall AG shares plunged the most since late June in European trading after the German defense manufacturer slashed its annual sales forecast for the second time in months. Berenberg analysts pointed out that "Weapon & Ammunition drives most of the guidance cut." The company, which makes tanks and armored vehicles, artillery, ammunition, air-defense systems and military electronics, now expects 2026 revenue of about $14.8 billion, down from its previous forecast of $15.37 billion to $15.93 billion. The…

Description from Zero Hedge.

Who is covering this

  1. Zero Hedge Right Factuality: Low US
    Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk

    Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk Rheinmetall AG shares plunged the most since late June in European trading after the German defense manufacturer slashed its annual sales forecast for the second time in months. Berenberg...

    Low reliability sourceElevated risk

Comments

Comments need JavaScript.