07/20/2017 - Demand picks up in the first half of 2017
(WorldNews Switzerland)

Order intake in the first half of 2017 increases by 26% compared to the second half of 2016 Sales in the first half of 2017 reaches CHF 415.2 million, compared to CHF 436.9 million in the same period last year EBIT of CHF 16.0 million and net profit of CHF 10.9 million at the previous year`s level Acquisition of SSM - a move into adjacent fields of the textile value chain Due to increasing demand since March 2017, Rieter posted order intake of CHF 495.2 million in the first half of 2017. This was 3% below the previous year`s level (first half year 2016: CHF 510.7 million) and with an increase of 26% was well above the second half of 2016 (CHF 394.5 million). At CHF 415.2 million, sales were...