Browsing: Schweiter Technologies

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.

SSM will modify their sales structure, in order to strengthen their position in the market of the P.R. China. The main objective is to get closer to their customers

Since April 1, 2015, Peter Spiller has taken over the sales area from Horst Lüchinger, which is going to be retired. Spiller will be responsible for the sales and promotion of the well-known SSM products in the Far Eastern region. For more than sixteen years, Lüchinger earned large merits in organising and establishing SSM´s presence in the Far East.