Rheinmetall has boosted its sales by a third this year Rheinmetall, Germany’s leading arms manufacturer, has announced that it almost doubled its operating profit in the first half of 2024, and now has a record backlog of orders worth more than $50 billion. The company said the Ukraine conflict had “significantly improved business performance.” In a statement on Thursday, the Dusseldorf-based firm said sales in the first half of this year had increased by a third to €3.8 billion ($4.14 billion), while operating profit increased by 91% to €404 million ($440 million). The company’s order book is now worth a record €
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