FRANKFURT (dpa-AFX) - Rheinmetall shares reacted to the quarterly figures with moderate losses on Tuesday. In pre-market trading on Tradegate, they fell by 0.9 percent to 531.50 euros compared to the Xetra closing price. The shares have not quite reached their record high of almost EUR 572, reached at the beginning of April, but are well supported at around the EUR 500 mark.

Barclays analyst Charlotte Keyworth now expects a weaker share price performance, partly because the shares had already performed relatively well before the presentation of the figures. With a price gain of around 87 percent since the beginning of the year, they are the second strongest stock in the DAX behind Siemens Energy.

Thanks to the armaments boom, the Düsseldorf-based company continued to grow in the first quarter. Sales rose by 16 percent compared to the same period last year, while the operating result soared by 60 percent. However, analysts had hoped for a little more for both key figures./ajx/jha/