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    RHM   DE0007030009

RHEINMETALL AG

(RHM)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 09/20 07:06:21 am
77.87 EUR   -0.19%
05:14aRheinmetall AG english
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09/17RHEINMETALL : new strategic partner of the Bundeswehr for deployed operations support – new line of business launched
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09/14RHEINMETALL : and RBSL attend DSEI 2021
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Rheinmetall Gets EUR60 Million Order via Chinese Joint Venture

06/22/2021 | 04:47am EDT

By Olivia Bugault

Rheinmetall AG said Tuesday that it has won an order for lightweight components worth close to 60 million euros ($71.5 million) through its joint venture with Huayu Automotive Systems Co. Ltd., or HASCO, a Chinese auto parts manufacturer.

The order is for structural components to be installed in vehicles for a premium German automaker, the German defense-and-automotive company said.

The contract will run for 8 years and delivery will begin in 2024, it said.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

06-22-21 0446ET

Stocks mentioned in the article
ChangeLast1st jan.
HUAYU AUTOMOTIVE SYSTEMS COMPANY LIMITED 0.65% 23.12 End-of-day quote.-19.78%
RHEINMETALL AG -0.10% 77.74 Delayed Quote.-9.89%
All news about RHEINMETALL AG
05:14aRheinmetall AG english
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09/17RHEINMETALL : new strategic partner of the Bundeswehr for deployed operations su..
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Analyst Recommendations on RHEINMETALL AG
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Financials
Sales 2021 5 925 M 6 936 M 6 936 M
Net income 2021 305 M 356 M 356 M
Net cash 2021 166 M 194 M 194 M
P/E ratio 2021 10,8x
Yield 2021 3,14%
Capitalization 3 370 M 3 956 M 3 945 M
EV / Sales 2021 0,54x
EV / Sales 2022 0,47x
Nbr of Employees 23 758
Free-Float 99,2%
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Mean consensus BUY
Number of Analysts 13
Last Close Price 78,02 €
Average target price 116,23 €
Spread / Average Target 49,0%
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Managers and Directors
Armin Papperger Chief Executive Officer
Helmut P. Merch CFO, Head-Finance, Controlling & IT
Ulrich Grillo Chairman-Supervisory Board
Michael Salzmann Chief Compliance Officer
Andreas Georgi Member-Supervisory Board
Sector and Competitors