Rieter

OverviewSuggest Edit

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.

TypePublic
Founded1795
HQWinterthur, CH
Websiterieter.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2021)4,907(+12%)
Revenue (FY, 2021)CHF969.2 M(+70%)
Share Price (Jun 2022)CHF113.6(+3%)
Cybersecurity ratingCMore
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Key People/Management at Rieter

Norbert Klapper

Norbert Klapper

Chief Executive Officer
Kurt Ledermann

Kurt Ledermann

Chief Financial Officer
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
Thomas Anwander

Thomas Anwander

General Secretary and General Counsel
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Rieter Office Locations

Rieter has offices in Winterthur, Pfäffikon, Rapperswil-Jona, Wädenswil and in 19 other locations
Winterthur, CH (HQ)
Klosterstrasse 32
Pfäffikon, CH
Obermattstrasse 65
Rapperswil-Jona, CH
Bildaustrasse 6
Winterthur, CH
Klosterstrasse 20
Wädenswil, CH
Rütihof 8
Verviers, BE
Rue Haut de Trème
Show all (26)

Rieter Financials and Metrics

Rieter Revenue

Rieter's revenue was reported to be CHF969.2 m in FY, 2021
CHF

Revenue (FY, 2021)

969.2m

Gross profit (FY, 2021)

341.7m

Net income (FY, 2021)

31.7m

EBITDA (FY, 2021)

78.8m

EBIT (FY, 2021)

42.3m

Market capitalization (24-Jun-2022)

507.4m

Closing stock price (24-Jun-2022)

113.6

Cash (31-Dec-2021)

248.7m

EV

670.0m
Rieter's current market capitalization is CHF507.4 m.
Annual
CHFFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

1.1b760.0m573.0m969.2m

Cost of goods sold

(514.9m)(513.4m)(402.8m)(655.5m)

Gross profit

580.7m272.6m183.9m341.7m

R&D expense

(51.9m)(53.2m)(52.5m)(58.4m)
Half Year
CHFH1, 2019H1, 2020H1, 2021

Revenue

416.1m254.9m400.5m

Cost of goods sold

(284.3m)(172.0m)(257.7m)

Gross profit

145.3m88.6m153.9m

R&D expense

(26.5m)(27.8m)(28.2m)
Annual
CHFFY, 2018FY, 2019FY, 2020FY, 2021

Cash

256.2m284.1m282.3m248.7m

Accounts Receivable

80.2m68.2m50.4m122.0m

Prepaid Expenses

15.0m14.1m7.8m21.9m

Inventories

186.6m182.9m192.5m249.6m
Half Year
CHFH1, 2019H1, 2020H1, 2021

Cash

221.8m252.7m279.3m

Accounts Receivable

68.1m67.6m109.2m

Prepaid Expenses

5.1m3.8m

Inventories

175.4m238.1m231.3m
Annual
CHFFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

32.0m52.4m(89.8m)31.7m

Depreciation and Amortization

40.9m38.2m37.7m37.4m

Inventories

200.0k200.0k(16.0m)(38.9m)

Accounts Payable

11.5m(26.4m)(19.4m)67.9m
Half Year
CHFH1, 2019H1, 2020H1, 2021

Net Income

(3.8m)(54.4m)5.3m

Depreciation and Amortization

19.5m18.9m18.1m
CHFFY, 2018

Revenue/Employee

207.1k
Show all financial metrics

Rieter Revenue Breakdown

Embed Graph

Rieter revenue breakdown by business segment: 60.9% from MACHINES & SYSTEMS, 15.2% from AFTER SALES and 23.9% from COMPONENTS

Rieter revenue breakdown by geographic segment: 99.7% from REST OF WORLD and 0.3% from Other

Rieter Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Rieter Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Rieter Online and Social Media Presence

Embed Graph

Rieter News and Updates

Rieter: Challenging First Half of 2022 Despite Exceptionally High Order Backlog

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 p…

ITM 2022: Rieter Further Improves Attractiveness of Ring and Compact-Spinning System

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 adjusta…

Rieter Annual General Meeting 2022

All motions approved

Rieter Completes Acquisition of the Three Saurer Businesses

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.

Financial Year 2021

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

Rieter Blogs

Rieter at ITMA Asia 2018 in Shanghai

New digital platform: Digital Spinning SuiteFour new G and K models expand product rangePremiere...

Rieter Campus Winterthur: Study Competition Concluded

Review panel pronounces in favor of project proposed by Winterthur firm, BDE Architekten...

Sales Increase in the First Half of 2018

Sales increases by 24% compared to the previous year period; all business groups contributeOrder...

Rieter Frequently Asked Questions

  • When was Rieter founded?

    Rieter was founded in 1795.

  • Who are Rieter key executives?

    Rieter's key executives are Norbert Klapper, Kurt Ledermann and Serge Entleitner.

  • How many employees does Rieter have?

    Rieter has 4,907 employees.

  • What is Rieter revenue?

    Latest Rieter annual revenue is CHF969.2 m.

  • What is Rieter revenue per employee?

    Latest Rieter revenue per employee is CHF197.5 k.

  • Who are Rieter competitors?

    Competitors of Rieter include Bobst Group, Stäubli and Conzzeta.

  • Where is Rieter headquarters?

    Rieter headquarters is located at Klosterstrasse 32, Winterthur.

  • Where are Rieter offices?

    Rieter has offices in Winterthur, Pfäffikon, Rapperswil-Jona, Wädenswil and in 19 other locations.

  • How many offices does Rieter have?

    Rieter has 26 offices.