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 16 manufacturing locations in ten countries, the company employs a global workforce of some 4 740, about 20% of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN.
Rieter is the world’s leading supplier of systems for short-staple fiber spinning.
Transaction completed in Ingolstadt / Extraordinary profit contribution after tax of EUR 60 million expected / Board of Directors approves submission of building application for Rieter CAMPUS in Winterthur / Project volume of around CHF 80 million expected
Order intake in the first half of 2019 amounted to CHF 378.3 million, 26% below the previous year period / At CHF 416.1 million, sales were 19% down on the previous year period / EBIT of CHF -1.2 million and net profit of CHF -3.8 million / Implementation of cost-cutting measures proceeding according to plan / Innovations successfully launched at ITMA 2019 in Barcelona / Major order from Egypt signed – worth around CHF 180 million / Completion of real estate sale in Ingolstadt (Germany) expected in the third quarter 2019 / Outlook unchanged compared to spring 2019
Contracts signed for seven projects / Contract comprises delivery of compact- and ring-spinning systems / Total amounts to roughly CHF 180 million / Order intakes are anticipated to be realized in 2019; sales posted in the 2020/2021 financial years
News from the inventors of compacting / The most economical rotor direct process / Production of innovative yarns using the air-jet spinning process / ESSENTIAL: New modules of the Rieter Digital Spinning Suite / After Sales: Solutions for optimizing the installed basis / Innovations from Bräcker, Graf, Novibra, SSM and Suessen
News, Success Stories and Exhibitions
Trading Update 2019
Date: Tuesday, October 29, 2019
Time: 09:00-10:00 a.m. (CET)
– Europe: +41 58 310 50 00
– China: +86 400 120 23 19
– India: +91 446 688 60 46
– United Kingdom: +44 207 107 06 13
– United States: +1 631 570 56 13
Media Release: Will be published at 06:30 a.m. (CET)
Publication of Sales 2019
Deadline for Proposals Regarding the Agenda of the Annual General Meeting 2020
Results Press Conference 2020
Annual General Meeting 2020
The 129th Annual General Meeting of Rieter Holding Ltd. takes place on:
Date: Thursday, April 16, 2020
Time: 4:00 p.m. (doors open at 3:00 p.m.)
Place: Eulachhallen, Wartstrasse 73, 8400 Winterthur (Switzerland)
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