Growth in sales and earnings
With highs reported for sales, earnings and profitability as well as the order backlog, the Defence division once again appears to be in excellent shape.
With a business volume of €1,898 million, the division achieved an increase in sales of approximately 5% compared to the previous year’s figure of €1,814 million in fiscal 2009.
In 2009, Rheinmetall Defence posted incoming orders with a value of €3,153 million, thus increasing orders by 83% compared to the previous year when the order intake totaled €1,723 million. Thanks primarily to the contract for the series production of the new Puma infantry fighting vehicle with a total value for Rheinmetall of almost €1.3 billion, Rheinmetall Defence increased its order backlog to €4,590 million as at the end of 2009, which corresponds to an increase of 39%.
Rheinmetall Defence indicators
(€ million) |
2008 |
2009 |
| Sales |
1,814 |
1,898 |
| Order intake |
1,723 |
3,153 |
| Order backlog (Dec. 31) |
3,307 |
4,590 |
| EBIT |
194 |
215 |
| EBT |
177 |
191 |
| Employees (Dec. 31) |
9,217 |
9,304 |
| Average capital employed |
949 |
955 |
| |
| EBIT margin in % |
10.7 |
11,3 |
| ROCE in % |
20.4 |
22,5 | |
 |
|