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Rieter order intake up 7% in 2019
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).
Rieter sales down 29%
According to the first, unaudited figures, total sales of CHF 760 million were achieved, which is 29 per cent down on the previous year (2018: CHF 1 075.2 million).
Filc is part of Freudenberg Group
Effective December 31, 2019, Freudenberg, the global technology group acquired 100 percent of Filc shares. The purchase agreement was signed in November.
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