Rheinmetall Group announced earnings results for the first half of 2016. For the period, the company generated consolidated sales of EUR 2,599 million, an increase of EUR 205 million or 9% on the same period of the previous year. Operating earnings grew at a higher rate of 30% or by EUR 24 million to EUR 103 million.

The company provided sales guidance for the year 2016. In 2016, the company expects the growth to continue and sales to rise by more than 5% to around EUR 5.5 billion, compared with EUR 5.2 billion in 2015. As in the previous year, this growth will be driven by both corporate sectors.