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Rieter outlook for FY2020 in semi-annual report
At present, it is not possible to predict how the global Covid-19 pandemic will affect Rieter’s sales and earnings in the first and second half of 2020, and thus also for 2020 as a whole.
Rieter posts strong FY2017 results
Rieter posted an order intake of CHF 1,051.5 million in FY2017. This represents an increase of 16% compared to the previous year (increase of CHF 146.3 million).
A significant increase in order intake and order backlog at the end of the year marked the 2017 financial year. In terms of sales, Rieter posted a slight increase. The EBIT margin before restructuring charges was 5.4 per cent. Despite special effects, the company’s dividend policy and solid financial position allow the payment of an attractive dividend. Therefore, the Board of Directors proposes to the shareholders to leave the dividend unchanged at CHF 5.00.
Rieter’s BODs nominates two new members
The Board of Directors of Rieter Holding Ltd. proposed two new members for election at the Annual General Meeting on April 6, 2015: Roger Baillod and Bernhard Jucker.
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