Rheinmetall seeks sales of up to 50 billion eur by 2030, CEO tells German TV

Rheinmetall seeks sales of up to 50 billion eur by 2030, CEO tells German TV

The Star Online - Tech·2025-07-01 21:02

BERLIN (Reuters) -Rheinmetall is seeking to reach sales of between 40 and 50 billion euros ($59 billion) by 2030, CEO Armin Papperger told broadcasters RTL and NTV in an interview published on Tuesday.

"I would like this company to have a turnover of between 40 and 50 billion and a profit of just under 10 billion," Papperger said, adding that he saw the company growing from 40,000 to 70,000 employees within the next 2-3 years.

($1 = 0.8469 euros)

(Writing by Friederike Heine; editing by Matthias Williams)

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