Rieter develops and manufactures machines, systems and components for processing natural and man-made fibers and their blends into yarns. The company is the only supplier worldwide to cover spinning preparation processes and also all four final spinning processes that are established on the market. Rieter is a global market leader in all key products for machinery and components.
The Rieter Group also operated in the automotive component supply business until May 12, 2011. The former Rieter Automotive Systems Division has been listed as a separate company on the SIX Swiss Exchange under the name of Autoneum since May 13, 2011. The following information relates to the new Rieter organization. Comprehensive information on the Rieter Group prior to the demerger and on the transaction is available under Investor Relations.
Rieter generated sales of CHF 945 million in the 2016 financial year. The Machines & Systems Business Group accounted for 64% of this total, the After Sales Business Group for 15%, and the Components Business Group for 21%.