Rheinmetall expects profit first to rise in 2007

Newswire

FRANKFURT, March 22 (Reuters) - German car parts and defence group Rheinmetall forecast stable earnings for this year, the company said on Wednesday, adding an increase was first to be expected in 2007. Net profit last year rose 17 percent to 118 million euros ($143 million), roughly in-line with the average estimate of 115 million from a Reuters poll of 14 analysts.

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