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Germany’s largest defence contractor Rheinmetall saw profits increase in the full year 2023 compared to 2022, and the company said on Thursday intends to significantly accelerate that growth this year. Rheinmetall AG reported that its fiscal 2023 earnings from continuing operations increased to €630 million ($689 million) from €534 million in the previous year. Earnings per share from continuing operations were €13.02 compared to €10.80. Consolidated operating result, or EBIT before special items, increased by 19% to €918 million. Basic earnings per share pre PPA effects from continuing operat…

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