Rheinmetall AG (RHM:CA) Q2 2026 Earnings Call Transcript

SA Transcripts 161.59K Followers Follow Rheinmetall AG ( RHM:CA ) Q2 2026 Earnings Call August 6, 2026 8:00 AM EDT Company Participants Armin Papperger - Chairman of the Executive Board & CEO Klaus Neumann - CFO & Member of Executive Board Conference Call Participants Alessandro Pozzi - Mediobanca - Banca di credito finanziario S.p.A., Research Division Sebastian Growe - BNP Paribas, Research Division Rory Smith - Oxcap Analytics Limited Christoph Laskawi - Deutsche Bank AG, Research Division Chloe Lemarie - Jefferies LLC, Research Division Marie-Ange Riggio - Morgan Stanley, Research Division Sven Weier - UBS Investment Bank, Research Division David Perry - JPMorgan Chase & Co, Research Division Sash Tusa - Agency Partners LLP George Mcwhirter - Joh. Berenberg, Gossler & Co. KG, Research Division Dario Dickmann - HSBC Global Investment Research Joseph Orchard - Rothschild & Co Redburn, Research Division Presentation Operator Ladies and gentlemen, welcome to Rheinmetall AG Q2 2026 Conference Call. I am Sandra, the Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast. At this time, it is my pleasure to hand over to Armin Papperger, CEO. Please go ahead, sir. Armin Papperger Chairman of the Executive Board & CEO Thank you very much. Good afternoon, ladies and gentlemen. Thank you for your interest in the quarterly call of Rheinmetall. My colleague, Klaus Neumann and myself will put you through now the presentation. Please take care about the disclaimer that we have on Page #2. Let's go to Slide #3. On this slide, you see that in quarter 2, the sales of Rheinmetall is going up to EUR 3.289 billion. This is a plus of nearly 70%. So in the first half year, the growth is around 40%, which is exactly in line to that what we guided. The operational result was plus 115% to EUR 562 million is also