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MarketScreener Homepage  >  Equities  >  Xetra  >  Rheinmetall    RHM   DE0007030009

RHEINMETALL

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Rheinmetall : Bulgaria will seek offers in $838 million tender for armoured vehicles

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07/19/2019 | 11:32am EDT

SOFIA (Reuters) - Bulgaria will invite four European companies to bid in a 1.46 billion levs (£669.28 million) tender to supply 150 armoured vehicles for its land forces over 12 years, the defence ministry said on Friday.

The ministry will invite Germany's Artec, a joint venture of Rheinmetall and Krauss-Maffei Wegmann, France's Nexter, Finland's Patria and Swiss General Dynamics Land System- Mowag to send offers.

The Balkan country plans to pick a winner by Dec. 20.

(Reporting by Tsvetelia Tsolova; Editing by Edmund Blair)

Stocks mentioned in the article
ChangeLast1st jan.
GENERAL DYNAMICS CORPORATION -0.49% 187.55 Delayed Quote.19.30%
RHEINMETALL -0.84% 106.05 Delayed Quote.37.44%
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Financials (EUR)
Sales 2019 6 433 M
EBIT 2019 497 M
Net income 2019 298 M
Finance 2019 218 M
Yield 2019 2,10%
P/E ratio 2019 15,5x
P/E ratio 2020 13,9x
EV / Sales2019 0,68x
EV / Sales2020 0,64x
Capitalization 4 601 M
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 114,67  €
Last Close Price 107,05  €
Spread / Highest target 21,4%
Spread / Average Target 7,12%
Spread / Lowest Target -18,7%
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Ulrich Grillo Chairman-Supervisory Board
Helmut P. Merch CFO, Head-Finance, Controlling & IT
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