Preliminary sales were about €1.9 billion, below the roughly €2.3 billion average analyst estimate, the German defence group said on Monday.
The company expects first-half revenue to be weighted toward the second quarter because of truck sales to Germany and the restart of production at a Spanish ammunition plant.
The shift comes as Rheinmetall prepares to execute major orders from Europe and other markets, with the Spanish plant resuming after an accident.
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