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Rieter 1H2020 severely impacted by Covid-19
August 2020
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.
Rieter order intake up 7% in 2019
April 2020
Net profit rose to CHF 52.4 million (6.9 per cent of sales) and thus was significantly higher than in the previous year (2018: CHF 32.0 million or 3.0 per cent of sales).
R Albrecht is new MD of Suessen
December 2017
With effect from January 1, 2018, Roger Albrecht was appointed Managing Director by the Board of Directors of Spindelfabrik Suessen GmbH, Germany.
Rieter acquires SSM Textile Machinery Division
August 2017
SSM is a global technology leader with a strong brand and this acquisition is expected to result in strengthening of the Rieter’s Business Group Components.
Rieter reaps 28% rise in sales in India
March 2017
Both in China and India, Rieter significantly increased sales, by 33 per cent to CHF 186.5 million and by 28 per cent to CHF 182.1 million, respectively. In the other Asian countries, sales declined by 12 per cent.
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