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Rheinmetall seeks sales of up to 50 billion eur by 2030, CEO tells German TV

By Thomson Reuters Jul 1, 2025 | 6:27 AM

BERLIN (Reuters) -Rheinmetall is seeking to reach sales of between 40 and 50 billion euros ($59 billion) by 2030, CEO Armin Papperger told broadcasters RTL and NTV in an interview published on Tuesday.

“I would like this company to have a turnover of between 40 and 50 billion and a profit of just under 10 billion,” Papperger said, adding that he saw the company growing from 40,000 to 70,000 employees within the next 2-3 years.

($1 = 0.8469 euros)

(Writing by Friederike Heine; editing by Matthias Williams)