Interim report as of September 30, 2011
- Consolidated sales climb 14% to €3,105 million
- Consolidated EBIT rises €30 million to €203 million (up 17%)
- Defence: Stable performance at high level
- Automotive: Substantial increase in sales and earnings
- Sales and earnings forecasts for 2011 updated
With an excellent performance by the Automotive sector and a new high for sales in Defence, the Rheinmetall Group, Düsseldorf, has posted a record result after the third quarter of 2011.
Rheinmetall AG reported a Group-wide sales increase of 14% for the first nine months and a 17% rise in EBIT.
The climb in sales was driven by both corporate sectors, whereby Automotive performed even better than Defence with growth of 19% and 8% respectively.
Klaus Eberhardt, CEO of Rheinmetall AG commented: "With double-digit growth in sales and earnings, we are still on track for success after three quarters. Thus, the course is set for a record year for Rheinmetall in 2011."