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Result(s) found: 7
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Rieter 1H2020 severely impacted by Covid-19
Sales amounted to CHF 254.9 million (first half year 2019: CHF 416.1 million), which represents a decline of 39 per cent compared to the previous year period.
Covid-19, Rieter, Covid-19 Pandemic, Rieter Group, Business Group Components, EBIT, Lockdown, ITMA, Barcelona, Machines & Systems, Covid Crisis Management, Restructuring According, Czech Republic, Netherlands, Customer And Technology Center
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Oerlikon achieves strong growth in all segments
In 2017, Oerlikon delivered on its targets and recorded top-line growth as well as improved operating profitability across all segments.Dr Roland Fischer, CEO Oerlikon Group, said, The year 2017 marks a year of strong financial performance for the group and across all segments
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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, EBIT Margin, FY2017, SSM Textile Machinery, Single-Head Drawframe, RSB-D 50, Schweiter Technologies, Ústí Nad Orlicí, E. Schneider, Hans-Peter Schwald, Bernhard Jucker
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Rieter order intake up 13%
The 2016 financial year was characterised by a significantly higher order intake, especially in the first half year, and lower sales compared to the previous year. Despite the decline in sales, Rieter achieved an EBIT margin of 6 per cent. Against the background of the solid financial and earnings position, the Board of Directors proposes to the shareholders to increase the dividend compared to the previous year.
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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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Rieter focuses on expansion of parts business
Rieter´s focus on innovation, expansion of parts business and increase of profitability is its new priority.Following on the 2012-13 investment programme and the resulting enhancement of its global presence
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