0832 GMT - Rheinmetall's results for last year and revenue guidance for 2025 missed expectations but the German defense company's shares won't drop, Stifel analyst Alexander Wahl says. Potentially large defense orders from European governments and the company's indication of a pending guidance upgrade are reassuring, the analyst says. The group's revenue last year was 6% below Visible Alpha's consensus because about 200 million euros in revenue slipped into 2025, he adds. Shares are up 1.3% at 1,170 euros. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
March 12, 2025 04:32 ET (08:32 GMT)
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