Germany's biggest defence group Rheinmetall said Thursday a surge in demand from the country's military is set to help it achieve stellar sales growth, after delayed orders dented earnings.

The company, whose products range from ammunition to artillery and military vehicles, has been a main beneficiary of skyrocketing demand as Europe rearms with Russia's war against Ukraine grinding on.

Orders for the first nine months were up 20 percent to 7.5 billion euros ($8.6 billion), order books are at record levels, and the group is in the process of building and expanding factories across the continent.

But third quarter revenues came in slightly below forecast at 2.78 billion euros, with the group saying that orders in Germany had been "significantly delayed".

This was due to political turmo

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