Annual Report 2024
Letter to shareholders
Dear shareholder
Order intake was significantly higher than in the previous year at CHF 725.5 million (2023: CHF 541.8 million), representing an increase of 34 percent. This was the fourth consecutive quarter of year-on-year growth. As expected, the Rieter Group closed financial year 2024 with lower sales of CHF 859.1 million (2023: CHF 1 418.6 million) and thus remained 39 percent below the prior year. Despite significantly lower sales, an operating result (EBIT) of CHF 28.0 million (2023: CHF 104.8 million) and thus a solid EBIT margin of 3.3 percent (2023: 7.4%) was achieved.
Group strategy
Rieter’s cutting-edge technology powers every spinning mill. Wherever textiles are produced, Rieter machines, systems, components and expertise come into play.
At a glance
725.5
+34%
Order intake
CHF million
859.1
-39%
Sales
CHF million
28.0
-73%
EBIT
CHF million
10.4
-86%
Net profit
CHF million
4 785
-6%
Number of employees
14.1
-88.1%
Free cash flow
CHF million
Highlights 2024
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