Media Release Archive

In course of the succession planning, Christian Straubhaar will take on the position as Senior Vice President Sales at Rieter Machines & Systems in Winterthur on January 1, 2021. Straubhaar will…

License agreement concluded for promising technology / Integration into the digital spinning suite ESSENTIAL / Implementation of digital strategy further advanced

Significant recovery in order intake in third quarter 2020 / Order intake of CHF 425.1 million after nine months / COVID crisis management in place / Continuous implementation of the strategy /…

Rieter has today placed a bond of CHF 75 million with a term of four years and a coupon of 1.55%. This serves to partially refinance the existing bond of CHF 100 million, which is due on September 29,…

Rieter protects its innovations and products with patents and registered designs. The company takes consistent action against patent and design infringements. In mid-July 2020, in a legal dispute, the…

Order intake of CHF 250.7 million down 34% on previous year / Sales of CHF 254.9 million 39% below first half of 2019 / EBIT of CHF -55.0 million, before restructuring charges of CHF -46.9 million /…

Section of a Rieter building with flag in front

Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups / Comprehensive crisis management implemented / Loss in the mid double-digit million range expected in the first…

All motions approved / Dividend of CHF 4.50 agreed / COVID-19

 

Discontinuation of assembly at the Winterthur location confirmed / Reduction of 87 jobs / Comprehensive social plan in place

 

Order intake up 7% on previous year; orders amounting to CHF 401.6 million booked in fourth quarter 2019 (4th quarter 2018: CHF 119.0 million) / As expected, sales significantly down on previous year,…

Contracts for additional projects signed in Cairo / Order volume is around 30 million Swiss francs / Order intake in the first half year of 2020 expected

 

Section of a Rieter building with flag in front

As expected, sales were significantly down on the previous year, falling by 29% to CHF 760 million / EBIT margin of around 11% and net profit of around 7% of sales anticipated...

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