German Rheinmetall AG announced it has generated consolidated sales of €5,183 million for fiscal year 2015. Sales were thus up 11% compared with the previous year’s figure of €4,688 million. Both sectors contributed to the growth in sales at the Group.
Earnings before interest and taxes (EBIT) totaled €287 million in fiscal year 2015, following €102 million in the previous year. Rheinmetall thus increased the group’s EBIT margin to 5.5% after 2.2% in the previous year.
The defence sector achieved sales of €2,591 million in 2015 (previous year: €2,240 million), a year-on-year increase of around 16%.
At €2,693 million, the order intake in the past fiscal year was only slightly lower than the previous year’s high figure (€2,812 million). The book-to-bill ratio therefore remains higher than 1.
The defence sector’s order backlog was €6,422 million at the end of 2015, slightly (€-94 million) lower than in the previous year (€6,516 million).
In terms of earnings, the defence sector clearly returned to profitability in 2015. Earnings before interest and taxes (EBIT) reached €90 million in the reporting period, exceeding the comparative figure for the previous year by a considerable €157 million (previous year: €-67 million). In the previous year, EBIT was still reduced by non-recurring effects of €-58 million.
The sector achieved an EBIT margin of 3.5% in fiscal year 2015.