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Rieter's order intake grows by 16%
Rieter’s growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing.
The Rieter Group achieved an order intake of CHF 1 051.5 million in the 2017 financial year. This represents an increase of 16 per cent compared to the previous year (+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2 per cent on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Report will be published by Rieter on March 13, 2018.
Rieter, Rieter Group, CHF 1, Machines & Systems, Uzbekistan, Bangladesh, J 26, Air-Jet Spinning, Harmonised Sales Tax, North And South America, SSM Textile Machinery, SSM, Rieter Holding, Eulach-Hallen, Winterthur
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Rieter posts impressive 1st half results
Net profit of Rieter rose to 29.1 million CHF or 5.3% of sales as compared to 14.3 million CHF or 2.7% of sales in the first half of 2014 Rieter achieved a significant increase in sales and profitability in the first half of 2015. Sales rose by 6 per cent to 553.9 million CHF.
Rieter, EBITDA, CHF, Machines & Systems Business Group, EBIT, Components Business Group, ITMA, Textile Machinery Trade Fair, Milan, Schaltag Group, Schaltag AG
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