Rheinmetall cuts 2026 sales and margin guidance

Nov 4 (Reuters) - Rheinmetall cut its 2026 sales and margin forecasts on Wednesday after delays to defence contracts and ammunition deliveries pushed expected revenue into next year.

The German defence contractor now expects 2026 revenue of about €13.2 billion ($14.82 billion), down from its previous forecast of €13.7 billion to €14.2 billion, while its operating margin is now forecast at around 18.5%, down from a previous projection of about 19%.

($1 = 0.8905 euros)

(Reporting by Anastasiia Kozlova;Editing by David Goodman)