Rieter Makes the Difference

Significant Increase in Order Intake in Financial Year 2024 / Order intake of CHF 725.5 million / Sales of CHF 859.1 million / Order backlog of around CHF 530 million at December 31, 2024 / EBIT margin expected to be in the upper half of the guidance range

The Board of Directors of Rieter Holding Ltd. has appointed Emmanuelle Gmür to the Group Executive Committee of the Rieter Group with effect from January 1, 2025. As Chief Human Resources Officer, she succeeds Tom Ban, who has decided to pursue his career outside Rieter.

ARISE IIP, the pan-African developer and operator of world-class industrial parks, has partnered with African Export-Import Bank (Afreximbank) and Rieter, the world’s leading supplier of systems for manufacturing yarn from staple fibers in spinning mills.

Rieter has today placed a bond of CHF 65 million with a term of five years and a coupon of 3.5%. The net proceeds of the issue will be used for general corporate purposes.

Order intake of CHF 226.4 million in the third quarter, CHF 629.8 million after nine months / Sales of CHF 163.3 million in the third quarter, CHF 584.3 million after nine months / Order backlog of around CHF 690 million as of September 30, 2024 / Outlook for the full year 2024

The Board of Directors of Rieter Holding Ltd. has appointed Alexander A. Özbahadir to the Group Executive Committee of the Rieter Group with effect from January 1, 2025. He will be responsible for the Business Group After Sales.