Rheinmetall Group has reported considerable growth in sales and a new record for the operating result for the first half of 2021. Thanks in particular to a significant recovery in the business with civilian products, the technology group has succeeded in nearly doubling its operating result on an annual basis. At the same time, Rheinmetall has achieved a significant sales record in the military segment, both in Germany and abroad. Major orders for military vehicles worth nearly €2Bn were acquired in the first half of the year.
Rheinmetall is now presenting half-year figures for the first time since its strategic reorientation at the beginning of the year, which reflect the new five-division structure following the scrapping of the former segmentation. With this new positioning, Rheinmetall is focusing more on forward-looking technologies and business areas with high potential for a sustained increase in value. The previous small-and large-bore pistons business will not be continued and is being sold.