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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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.
The Rieter Group achieved an order intake of CHF 905.2 million in the 2016 financial year, which represents an increase of 13 per cent compared to the previous year (CHF +103.6 million).
Rieter is the leading supplier of installations for manufacturing yarns from short staple fibres. As a competent partner, Rieter makes customers‘ lives easier. It provides advice and support from the initial investment discussions to the successful operation of their spinning mills.
Rieter will exhibit a wide range of innovations at ITME 2016. As the world leader in compact technology, Rieter will show the K 42 compact spinning machine and the G 32 ring spinning machine with EliTe®. The learning system Rieter ´UPtime´ Solutions, which supports the preventive maintenance of plants, represents a further step towards the digitisation of spinning mills.
In India, major orders were placed for the Rieter’s K 42 compact system, while in China order intake continued to be below average, despite a slight revival. The amount of orders received by the Rieter Group in the first nine months of 2016 was significantly higher than for the same period of the previous year. Cumulative order intake amounted to CHF 718.4 million and was thus up by 22 per cent on the said prior year period. Order intake in the third quarter totaled CHF 207.7 million owing to an investment reluctance in Turkey.
The amount of orders received by the Rieter Group in the first nine months of 2016 was significantly higher than for the same period of the previous year. Cumulative order intake amounted to CHF 718.4 million and was thus up by 22 per cent on the said prior year period. Order intake in the third quarter totaled CHF 207.7 million owing to an investment reluctance in Turkey. The market environment in the third quarter was characterised by differing dynamics in the individual countries as well as with regard to the product categories.