Rieter

A leading global supplier for textile machinery and components used in short-staple fiber spinning

A leading global supplier for textile machinery and components used in short-staple fiber spinning

The global provider of components for all spinning processes

Yarns that follow fashion

Rieter offers attractive positions around the world

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05/08/2003 - All motions proposed by the board of directors are adopted

The annual general meeting of Rieter Holding Ltd. held on Thursday, May 8, 2003, adopted all the motions proposed by the board of directors.
The gross dividend was fixed at 8.60 Swiss francs per registered share, payable on May 14.
The anual general meeting elected Dr. Ulrich Dätwyler and Dr. Peter Wirth for a further three-year term of office.

The Rieter Group, which operates on a global scale, develops and manufactures sophisticated system solutions for the automotive and textile industries. In the 2002 financial year Rieter generated sales of 2976 million CHF with 12 983 employees worldwide. The Textile Systems Division accounted for 1108 million CHF and the Automotive Systems Division for 1848 million CHF.

Contact for the media:


Peter Grädel
 
Corporate Communications
 
T +41 52 208 70 12
 
 
Contact for financial analysts:


Hans Rudolf Widmer
 
CFO
 
T +41 52 208 81 78