Rheinmetall AG (RHM:CA) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST
Company Participants
Armin Papperger – Chairman of the Executive Board & CEO
Klaus Neumann – CFO & Member of Executive Board
Conference Call Participants
Sebastian Growe – BNP Paribas, Research Division
Chloe Lemarie – Jefferies LLC, Research Division
Samuel Burgess – Goldman Sachs Group, Inc., Research Division
Sven Weier – UBS Investment Bank, Research Division
Christoph Laskawi – Deutsche Bank AG, Research Division
Marie-Ange Riggio – Morgan Stanley, Research Division
Marco Vitale – Mediobanca – Banca di credito finanziario S.p.A., Research Division
Adrien Rabier – Sanford C. Bernstein & Co., LLC., Research Division
Benjamin Heelan – BofA Securities, Research Division
David Perry – JPMorgan Chase & Co, Research Division
George Mcwhirter – Joh. Berenberg, Gossler & Co. KG, Research Division
Afonso Osorio – Barclays Bank PLC, Research Division
Presentation
Operator
Ladies and gentlemen welcome to the Q3 2025 Report Conference Call. I’m Moritz, the Chorus Call operator.
[Operator Instructions]
The conference is being recorded. The conference must not be recorded for publication or broadcast. At this time, it’s my pleasure to hand over to Armin Papperger, CEO of Rheinmetall. Please go ahead.
Armin Papperger
Chairman of the Executive Board & CEO
Thank you. Thank you very much. Good afternoon, everybody, and thank you for joining us for the Q3 results call today. With me on the call is our CFO, Klaus Neumann. Klaus will walk you through the financials.
Before we start, please be reminded of our legal disclaimer on Page 2. Now let’s move on to Page #3. On Page #3, you see that on the sales side, and I focus very strong on the defense side, we have a growth rate of 17% on the defense up to EUR 2.3 billion. The total sales is EUR 2.78 billion. The operating results on the defense side is EUR 361 million, a plus of 7% and it’s EUR 360 million
