Q3 2023 Rheinmetall AG Earnings Call Transcript

Nov 09, 2023 / 01:00PM GMT
Operator

Hello, ladies and gentlemen, and welcome to the Rheinmetall AG Q3 2023 Conference Call. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Armin Papperger.

Armin Theodor Papperger - Rheinmetall AG - Chairman of the Executive Board & CEO

Thank you very much for your kind introduction. Welcome, everyone, to Rheinmetall's Q3 2020 Conference Call. Like in the last call, I will, together with my colleague, Dagmar Steinert, to you update on the latest market development. Dagmar will share further details on the quarterly financials and finally, I will present our year-end outlook with you. Please be reminded of our legal disclaimer on the following Page 2. Now let's flip to Page 3.

In Page 3, in quarter 3, 2023, it was a really good quarter for the Rheinmetall Group. We had a sales of EUR 1.758 billion. It's a plus of about 24%. The very positive thing is that the operating result of EUR 191 million is a plus of nearly 60%. So

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