Rieter’s order intake increased by 32 per cent to CHF 510.7 million in the first half of 2016 (CHF 388.3 million in the first half of 2015), thanks in particular to stronger demand in the machinery business. As expected, order intake was thus significantly higher than sales of CHF 436.9 million (CHF 553.9 million in the first half of 2015). Rieter achieved EBITDA of CHF 34.4 million or 7.9 per cent of sales (CHF 66.0 million or 11.9 per cent of sales in the first half of 2015) due to good results of the Components and After Sales business groups. EBIT amounted to CHF 15.7 million while the EBIT margin was 3.6 per cent (CHF 46.1 million and 8.3 per cent respectively in the first half of 2015).
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The C 70 card is one of Rieter’s most successful products. On April 28, 2016, Rieter presented a crystal cube of the C 70 card No. 3333 to the Chinese customer Kashi Xinyue Textile Co Ltd. Rieter launched the C 70 card in 2010.
Rieter is presenting new machine generations for preparation and end spinning as well as appropriate spare parts, is showing components for the economical manufacture of high quality yarns in addition to aftersales services and is demonstrating optimisation possibilities for spinning mills with the assistance of so-called ‘Internet of Things’.
The Board of Directors of Rieter Holding AG has appointed Jan Siebert to Rieter?s Group Executive Committee, effective April 1, 2016
The year of Swiss innovation in India is an initiative by the Embassy of Switzerland, which brought together the scientific communities, researchers and entrepreneurs of India and Switzerland.
The Board of Directors of Rieter Holding AG has appointed Jan Siebert to Rieter?s Group Executive Committee, effective April 1, 2016
The Board of Directors of Rieter Holding AG has appointed Jan Siebert to Rieter?s Group Executive Committee, effective April 1, 2016