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FrontRow · Aug 6, 2026

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Rheinmetall on Thursday trimmed its 2026 guidance after a cancelled project to make large warships for the German government fell through earlier this year. The defense company now sees full-year sales in the range of 13.7 billion euros to 14.2 billion euros ($15.8 billion to $15.4 billion), 300 million euros lower than previous guidance. It came as the company’s sales grew 39% and profits grew 74% in the first half of the year. Shares were volatile during early trading, with the stock initially opening about 3% lower. It then reversed course to trade up 2%. It was last seen hovering just below the flatline.

Rheinmetall on Thursday trimmed its 2026 guidance after a cancelled project to make large warships for the German government fell through earlier this year. The defense company now sees full-year sales in the range of 13.7 billion euros to 14.2 billion euros ($15.8 billion to $15.4 billion), 300 million euros lower than previous guidance. It came as the company’s sales grew 39% and profits grew 74% in the first half of the year. Shares were volatile during early trading, with the stock initially opening about 3% lower. It then reversed course to trade up 2%. It was last seen hovering just below the flatline.

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