Automotive Suppliers Rheinmetall Automotive Achieves Record Profit
Editor: Isabell Page
Rheinmetall Automotive generated record earnings in 2018. The three divisions Mechatronics, Hardparts and Aftermarket achieved sales growth compared to the previous year.
Rheinmetall Automotive generated a record profit in the past fiscal year.
(Bild: Rheinmetall Automotive)
Last year, Rheinmetall Automotive generated sales of €2.93 billion (+2.4%). At 262 million euros (+ 5%), the operating result was the highest ever in the company's history. All three divisions of the automotive supplier again achieved sales growth over the previous year. The decline in demand for diesel products for the passenger car market was offset by new product start-ups and growing business in the other product groups (commercial diesel systems, large pistons, gasoline engines).
The Mechatronics Division's sales revenue rose by 2.7% to 1.66 billion euros in 2018. According to the company, the reasons are the increasing demand of automobile manufacturers for solutions to reduce fuel consumption and emissions as well as dynamic growth in the commercial vehicle sector. The Hardparts Division increased its sales revenue by 2.2% to 989 million euros. This was due to the good performance of large-bore pistons and pistons for trucks and offroad vehicles. The Aftermarket Department expanded its worldwide spare parts business by 2.2% to 367 million euros.
The joint venture companies in China and Germany are accounted for using the equity method and are therefore not included in Rheinmetall Automotive's sales. Sales by these companies in the past fiscal year totaled 1.19 billion euros (+ 2.6%).
Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.
Consent to the use of data for promotional purposes
I consent to NürnbergMesse GmbH, Exhibition Centre, 90471 Nuremberg, including any affiliated companies according to §§ 15 et seq. AktG (hereafter: NürnbergMesse) and Vogel Communication Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg, including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. I have accessed lists of the respective companies here for Vogel Communications Group
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of NürnbergMesse including any affiliated companies according to §§ 15 et seq. AktG or Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access of such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. To declare my revocation I must use this contact form. In case I no longer wish to receive certain newsletters I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the privacy policy, section editorial newsletter.
:quality(80)/images.vogel.de/vogelonline/bdb/1964600/1964693/original.jpg "KS HUAYU expands its portfolio of e-mobility products.")
:quality(80)/images.vogel.de/vogelonline/bdb/1964000/1964053/original.jpg "Bocar Group and GF Casting Solutions have signed an agreement to enter into a global cooperation.")
:quality(80)/images.vogel.de/vogelonline/bdb/1962400/1962416/original.jpg "This report provides an overview of commodity prices and inventories of aluminum and zinc in May 2022.")
:quality(80)/images.vogel.de/vogelonline/bdb/1953200/1953241/original.jpg "This report provides an overview of commodity prices and inventories of aluminum and zinc in April 2022.")
:quality(80)/images.vogel.de/vogelonline/bdb/1955400/1955498/original.jpg "Many challenges face the traditional supplier industry. SJM shows how to meet the change in e-mobility.")
:quality(80)/images.vogel.de/vogelonline/bdb/1951600/1951658/original.jpg "Innovative multi-plate technology for die casting.")
:quality(80)/images.vogel.de/vogelonline/bdb/1938000/1938025/original.jpg "YXLON UX50 is also suited for the particular requirements of e-mobility.")
:quality(80)/images.vogel.de/vogelonline/bdb/1936300/1936385/original.jpg "Sustainability is becoming increasingly important for the die casting industry.")
:quality(80)/images.vogel.de/vogelonline/bdb/1946900/1946908/original.jpg "The call for papers is open now until Mai 15, 2022.")
:quality(80)/images.vogel.de/vogelonline/bdb/1926500/1926575/original.jpg "Although the urgency of the situation has been recognized by politicians, quick and effective solutions are difficult to find due to geopolitical tensions and international dependencies on energy markets.")
:quality(80)/images.vogel.de/vogelonline/bdb/1925400/1925402/original.jpg "With the ever-present need for cost-optimization, the manufacture of ever more complex components, improvements in productivity and better output quality, companies need to be innovative and stay ahead of the competition.")
:quality(80)/images.vogel.de/vogelonline/bdb/1923100/1923160/original.jpg "\"Built for space,\" the NXG Xll 600 surpasses the volume and speed of industry benchmark technology and brings true serial production to space components.")
:quality(80)/images.vogel.de/vogelonline/bdb/1965400/1965459/original.jpg "Explore Nuremberg during the Whitsun holidays with your family.")
:quality(80)/images.vogel.de/vogelonline/bdb/1965500/1965599/original.jpg "Mega-casting will be just one of the topics of discussion at EUROGUSS 2022.")
:quality(80)/images.vogel.de/vogelonline/bdb/1959100/1959177/original.jpg "The RM1350/2 ripper is designed for large parts up to complete body structure components in automotive manufacturing.")
:fill(fff,0)/p7i.vogel.de/companies/5d/cc/5dcc20e49ad76/fondarex-logo.jpg "fondarex_logo.jpg"){kind=logo}
:fill(fff,0)/p7i.vogel.de/companies/60/a2/60a2144c45fd1/ieci-logo--high-resolution-.jpeg "ieci-logo--high-resolution-"){kind=logo}
:quality(80)/images.vogel.de/vogelonline/bdb/1518000/1518081/original.jpg "Rheinmetall and Huayu have developed a new low-pressure sand casting process.")
:quality(80)/images.vogel.de/vogelonline/bdb/1786200/1786214/original.jpg "Daimler Truck AG intends to market serially produced fuel cell-powered heavy commercial vehicles for long-distance operations in the second half of the decade.")
:quality(80)/images.vogel.de/vogelonline/bdb/1805200/1805209/original.jpg "Rheinmetall's aluminum casting unit is now applying its expertise to the rapidly expanding market for electrically powered vehicles.")