After record year in 2010, Rheinmetall forecasts further improvements in sales and earnings – dividend at new high

  • Business figures for 2010: Consolidated sales grow by 17% to €3,989 million, EBIT reaches record level at €297 million
  • Dividend increase from €0.30 to €1.50 per share proposed
  • Forecast for 2011: EBIT grows considerably more than sales and rises to between €330 million and €360 million

"After a very successful 2010 financial year in both company sectors, the course has been set for profitable growth to continue at Rheinmetall AG, based in Düsseldorf. Following the record results that Rheinmetall posted in 2010, the Group is again expecting strong growth in sales and earnings in 2011. Klaus Eberhardt, CEO of Rheinmetall AG: "Thanks to an impressive turnaround in the Automotive sector, we are once more on track for success."

Rheinmetall Group indicators

(€ million)20092010
Net sales3,4203,989
Order intake4,6493,974
Order backlog (Dec. 31)4,9405,136
Employees (Dec. 31)19,76619,979
EBIT15297
Operating EBIT153320
EBT-46229
Average capital employed1,9052,028
EBIT margin in %0.47.4
ROCE in %0.814.6

Automotive indicators

(€ million)20092010
Sales1,5221,982
Order intake1,4961,997
Order backlog (Dec. 31)350364
EBIT-18781
EBT-21063
Employees (Dec. 31)10,33910,816
Average capital employed962895
EBIT margin in %-12.3 4.1
ROCE in %-19.49.1

Defence indicators

(€ million)20092010
Sales1,8982,007
Order intake3,1531,977
Order backlog (Dec. 31)4,5904,772
EBIT215234
EBT191207
Employees (Dec. 31)9,3049,037
Average capital employed9551,092
EBIT margin in %11.311.6
ROCE in %22.521.4