Rheinmetall boss Papperger wants to get into the satellite business. (Symbol image, photo: Freepik, Narongsagph)
Düsseldorf-With his 2 Rheinmetall shares, he could do something “nonsense” on shareholders, the left-wing politician Jan van Aken said. Maybe this time? The success of the armor giant undoubtedly polarizes. The DAX group invites you to the virtual general meeting on Tuesday.
The long-standing share price of Rheinmetall is like a hockey racket: it can hardly be steeper. 2,370 percent growth in 5 years, almost 200 percent within one year reflect the armor’s boom. After a setback today, the paper lists at 1,611.50 euros (12 p.m. CEST).
+++ Ordinary general meeting of Rheinmetall AG +++
The shareholder meeting will also take place virtually on the Internet this year. The Annual General Meeting of the DAX Group Starts on Tuesday May 13, 2025 at 10 a.m. (CEST). Share owners can in the Log in the shareholder portal And take part in the video conference. The shareholders are intended to authorize the board of continuing virtual general meetings in the future.
The shareholders can look forward to a strong Dividend increase: 8.10 euros per share proposes the group management for the 2024 financial year – after 5.70 euros in the previous year. If the general meeting agrees, the distribution to the shareholders will take place on May 16.
Strong growth in the 1st quarter – expansion into space
46 percent sales growth In the 1st quarter At around 2.31 billion euros – that is impressive. The operating result of around 199 million euros is also remarkable (plus 49 percent). You get closer to the goal of becoming a global defense champion, says CEO Armin Papperger.
When it comes to expansion course, the armaments group is now targeting space. Rheinmetall wants to go into the Get in the production of satellitesdeliver the optical data. Together with the Finnish partner Iceye, they are to be produced in the Neuss plant, which was previously oriented to the civil.
Papperger: Change to the global player – concentration on armor
“We continue to drive our transformation to the European Champion and Global Player in the defense area,” says Papperger in his speech published in advance To the shareholders. In 2025, sales are expected to grow by 25 to 30 percent, the goal is an operational return on the result of 15.5 percent.
The civilian division remains behind the boom of the armaments business. The top of the group is considered this To put down the car parts business. “Rheinmetall has been receiving buying requests from potential interested parties for some time and has discussed with these conversations,” reports Papperger to the shareholders.
Protests in front of the headquarters – application of the “critical shareholders”
However, many people see the business with military goods critically. Not only Van Aken, party leader of the left, expresses himself accordingly. This year too calls German peace society to protest in front of the Rheinmetall headquarters. Among other things, she denounces business with Putin after 2014.
The “critical shareholders” accuse Rheinmetall in a counter -application to the Annual General Meeting. There were no criteria regarding democracy and human rights. Rheinmetall would support authoritarian states and nuclear programs.
Disclaimer:
All information without guarantee for completeness, correctness and topicality. The text does not represent a trade recommendation or investment advice.