Rieter is the world’s leading supplier of systems for short-staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and man-made fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning preparation processes as well as all four end spinning processes currently established on the market. Furthermore, Rieter is a leader in the field of precision winding machines. With 17 manufacturing locations in ten countries, the company employs a global workforce of some 4 900, about 18% of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN.
Rieter Makes the Difference
Exceptionally high order backlog and sustained strong demand / Supply chain bottlenecks, COVID lockdown in China and significant cost increases / Takeover of winding machine business leads to additional costs / Sales and earnings adversely impacted in first half-year / Considerably improved market position
Autoconer X6 is the key machine for highest efficiency / Roving frame F 40 sets industry standard at 90 seconds only for doffing / New top and bottom aprons NO-79201 offer greater durability / i-Bearing enables 24/7 visibility for fast and smart decisions / Berkolizer pro introduces easily adjustable UV treatment as industry-first / European roll out of precision winder NEO-YW to launch in Turkey
With the takeover of the automatic winding machine business at the Uebach-Palenberg/Germany site with effect from April 1, 2022, Rieter has completed the acquisition of the three businesses from Saurer.
Order intake of CHF 2 225.7 million at record level / Sales of CHF 969.2 million despite bottlenecks in the supply chains / EBIT margin of 4.9% and net profit of 3.3% of sales / Milestones achieved in strategy implementation / Dividend of CHF 4.00 per share proposed / Outlook
News and Success Stories
Rieter as a global company offers a broad variety of attractive positions around the world. The expected know-how and commitment as well as flexibility and loyalty is compensated by performance based remuneration, challenging assignments in an international, multicultural working environment with attractive in-house opportunities for future development.
For each open position, we look for employees with appropriate skills and experience as well as relevant potential. You can find out about the vacancies in our Internet, social media channel and job platform. Have you seen an offer that fits your skills and interests? Then take the decisive step: Send us your application.
Rieter's website is supposed to give customer access to the world of Rieter's systems, machines, components, parts and services in the most easy and convenient way.Norbert Klapper, Chief Executive Officer