Frankfurt, Germany, July 29, 2026 (AFP) - Rheinmetall shares surge after armsmaker reports record profit

NAMPA / AFP
2026-07-29
German weapons manufacturer Rheinmetall on Wednesday reported record second-quarter core profit, beating analyst expectations, sending shares in the firm up almost nine percent. Core profit for the three months to June came in at 562 million euros ($639.5 million), Rheinmetall said, roughly double the amount this time last year and about 20 percent above analyst expectations in a poll by Vara Research. Revenue at 3.3 billion euros was up almost 7......
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