Weekly Recap: Q3 growth, outlook cut and Boxer order delay

Weekly Recap: Q3 growth, outlook cut and Boxer order delay

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Rheinmetall AG (XETR:RHM) reported third-quarter sales rose 32% to €3.15 billion and operating profit climbed 62% to €553 million, but cut its 2026 sales and margin outlook; shares fell as much as 18.4%.

Previous Week Recap

- Q3 Growth, Outlook Cut: Rheinmetall’s Q3 sales rose 32% to €3.15 billion and operating profit climbed 62% to €553 million. It cut its 2026 sales and margin outlook; shares fell as much as 18.4%.

3 sources - Boxer Order Delayed Until February: Germany’s large Bundeswehr order for Rheinmetall’s Boxer vehicles may be delayed until February 2027, from early December, with a reported value slightly below the CEO’s earlier estimate.

dpa-AFX - Backlog Grows, Production Begins: Rheinmetall AG (RHM) reported an order backlog of €78 billion, up from €56.7 billion, and said production had begun at new facilities in the United Kingdom and Albacete, Spain.

Invezz - Cash Conversion Target Withdrawn: Rheinmetall maintained its forecast for positive operating free cash flow in 2026 but withdrew its target of cash conversion above 40%, citing the Arminius delay.

Reuters - Customer Delays Artillery Ammunition...