Record result for Rheinmetall in 2011

  • Consolidated sales up 12% to €4,454 million
  • EBIT grows to new record of €354 million E
  • Earnings per share up 31% year-on-year at €5.55
  • Dividend increase from €1.50 to €1.80 per share proposed
  • Outlook for 2012: Rheinmetall aiming for consolidated sales of €4.9 billion and a result at the record level of 2011

The Düsseldorf-based Rheinmetall Group closed the 2011 fiscal year with double-digit growth in sales and a record result. Further growth is anticipated in 2012, while EBIT is expected to match the record level of 2011.

Klaus Eberhardt, CEO of Rheinmetall AG, says: “Following an excellent fiscal year in 2011, we have once again set ourselves ambitious targets this year. We are aiming for sales of €4.9 billion in 2012 and want to maintain our result at the record level reached in 2011. We want to defend our leading technological position in both divisions and strengthen our position on the international markets.”

Rheinmetall Group indicators

(€ million)20102011
Net sales3,9894,454
Order intake3,9744,189
Order backlog (Dec. 31)5,1364,950
Employees (Dec. 31)19,97921,516
EBIT297354
Operating EBIT320346
EBT229295
Average capital employed2,0282,381
EBIT margin in %7.47.9
ROCE in %14.614.9

Automotive indicators

(€ million)20102011
Sales1,9822,313
Order intake1,9972,358
Order backlog (Dec. 31)364409
EBIT81151
EBT63135
Employees (Dec. 31)10,81611,548
Average capital employed895958
EBIT margin in %4.16.5
ROCE in %9.115.8

Defence indicators

(€ million)20102011
Sales2,0072,141
Order intake1,9771,831
Order backlog (Dec. 31)4,7724,541
EBIT234223
EBT207207
Employees (Dec. 31)9,0379,833
Average capital employed1,0921,312
EBIT margin in %11.610,4
ROCE in %21.417,0