Rheinmetall h1 sales rise; backs full-year guidance

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DPA

Rheinmetall AG, a German automotive and arms maker, on Friday posted a decline in earnings per share, or EPS, for the first half of its current fiscal year. However, it registered a rise in operating result and sales for the same period. For the full-year, the company has reaffirmed its guidance. The Dusseldorf-headquartered firm’s earnings per share from continuing operations decreased on a year-on-year basis from €2.50 ($2.54) to €2.28 in the first half of fiscal 2022. Adjusted for special effects, EPS from continuing operations rose to €2.63, compared with last year’s €2.50. Operating resul…

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