Big news for Rheinmetall, a European company that makes weapons! Because of the war in Ukraine, countries in Europe are spending lots more money on their armies. This is great for Rheinmetall, which means they'll make lots more money too! It's a big boost for their business.
- Rheinmetall's sales are expected to jump by 25% to 30% this year.
- Their stock price went up by 6.2% in one day!
- They are hoping to get a big contract to build a new military vehicle for the U.S. army.
| Fact | Number |
|---|---|
| Expected sales increase this year | 25-30% |
| Current stock price (in Euros) | Around 1230 |
| Potential sales by 2030 (if NATO spending target is met) | Up to 400 billion Euros |
