Rheinmetall AG (HAM:RHMB)
€ 232 -2 (-0.85%) Market Cap: 54.30 Bil Enterprise Value: 55.80 Bil PE Ratio: 74.64 PB Ratio: 10.17 GF Score: 72/100

Q1 2026 Rheinmetall AG Earnings Call Transcript

May 07, 2026 / 12:00PM GMT
Release Date Price: €265 (-7.02%)
Operator

Ladies and gentlemen, welcome to the Rheinmetall AG Q1 2026 conference call. I'm Iruna, the Chorus Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Armin Papperger, CEO. Please go ahead, sir.

Armin Papperger
Rheinmetall AG - Chairman of the Executive Board, Chief Executive Officer

Thank you very much. Good afternoon, ladies and gentlemen, and welcome to our Q1 2026 earnings call. Klaus and I are guiding you through our presentation today. But before I begin, please remind on our disclaimer on page 2.

Now let's go to page 3. Here you see the overview of the Q1 2026. On the sales side, we have a growth rate of about 8%. This growth is a little bit lower than expected because we have for about EUR200 million trucks ready. And you know that we always have the contracts with our customers, especially in Germany, that the delivery dates are fixed from them. We expect now that we are delivering this EUR200 million in Q2.

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