Craft

Rieter

Stock Price

CHF101.4

2024-08-30

Market Capitalization

CHF455.5 M

2024-08-30

Revenue

CHF1.4 B

FY, 2023

Rieter Summary

Company Summary

Overview
Rieter is a supplier of systems for short-staple fiber spinning. The company develops and manufactures machinery, systems, and components used to convert natural and man-made fibers and their blends into yarns. It also provides spinning mill restart, field service, textile technology and customer training, repair, and performance optimization services.
Type
Public
Status
Active
Founded
1795
HQ
Winterthur, CH | view all locations
Website
http://www.rieter.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Serge Entleitner

    Serge Entleitner, Head of Business Group Components

  • Roger Albrecht

    Roger Albrecht, Head of Business Group Machines & Systems

  • Rico Randegger

    Rico Randegger, Head of Business Group After Sales

  • Roger Baillod

    Roger Baillod, Vice Chairman

    Operating MetricsView all

    Order Intake

    CHF869.4M

    H1, 2023

    Manufacturing Locations

    18
    5.9%

    FY, 2022

    LocationsView all

    26 locations detected

    • Winterthur, ZH HQ

      Switzerland

      Klosterstrasse 32

    • Spartanburg, SC

      United States

      104 Belton Drive P.O.Box 1370

    • Spartanburg

      United States

      Corner I-85 and SC Hwy 9, P.O. Box 4383

    • Verviers, Région Wallonne

      Belgium

      Rue Haut de Trème

    • Barueri, SP

      Brazil

      Alameda Rio Preto, 165 - Tamboré

    • Changzhou, Jiang Su Sheng

      China

      No. 21 Fukang Road

    and 20 others

    Rieter Financials

    Summary Financials

    Revenue (H1, 2024)
    CHF421.0M
    Gross profit (H1, 2024)
    CHF163.7M
    Net income (H1, 2024)
    CHF1.7M
    Cash (H1, 2024)
    CHF99.1M
    EBIT (H1, 2024)
    CHF9.1M
    Enterprise value
    $699.8M

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