3.1Segment performance

Segment information is based on the Group’s organization and management structure and internal reporting to the Chief Operating Decision Maker up to the level of EBIT. The Chief Operating Decision Maker at Rieter is the Chief Executive Officer. Segment reporting is based on the same accounting policies as those used for the preparation of the consolidated financial statements. The Group consists of three reportable segments: Machines & Systems, Components, and After Sales. There is no aggregation of operating segments. Rieter Machines & Systems develops, produces and distributes machinery and systems used to convert natural and man-made fibers and their blends into yarns. Rieter Components supplies precision winding machines and technology components to spinning mills and textile machinery manufacturers. Rieter After Sales serves customers with spare parts, value-adding after sales services and solutions over the entire product life cycle.

Segment information 2025

CHF million

Machines & Systems

Components

After Sales

Total reportable segments

Total segment sales

329.1

248.0

155.2

732.3

Inter-segment sales

0.0

47.2

0.0

47.2

Sales

329.1

200.8

155.2

685.1

Operating EBIT1

– 33.0

2.7

15.2

– 15.1

Operating result before interest and taxes (EBIT)

– 48.0

– 11.9

7.1

– 52.8

Purchase of property, plant, and equipment, and intangible assets

– 6.6

– 4.0

– 0.4

– 11.0

Depreciation and amortization

– 11.2

– 25.3

– 3.0

– 39.5

Impairment losses

– 1.7

– 2.2

0.0

– 3.9

Restructuring costs (net)

– 13.2

– 12.3

– 8.1

– 33.6

Operating net working capital

72.6

73.4

58.0

204.0

Segment information 2024

CHF million

Machines & Systems

Components

After Sales

Total reportable segments

Total segment sales

424.9

303.0

186.6

914.5

Inter-segment sales

0.0

55.4

0.0

55.4

Sales

424.9

247.6

186.6

859.1

Operating EBIT1

– 3.8

11.7

32.9

40.8

Operating result before interest and taxes (EBIT)

– 8.4

11.3

32.3

35.2

Purchase of property, plant, and equipment, and intangible assets

– 4.0

– 9.7

– 0.9

– 14.6

Depreciation and amortization

– 12.3

– 25.5

– 3.1

– 40.9

Impairment losses

– 0.9

0.0

0.0

– 0.9

Restructuring costs (net)

– 3.6

– 0.4

– 0.7

– 4.7

Operating net working capital

76.9

81.2

60.3

218.4

1The definitions of the APM used are published on the Rieter website.

Reconciliation of segment results

CHF million

2024

2025

Operating result before interest and taxes (EBIT) of reportable segments

35.2

– 52.8

Gain on disposal of land and buildings in Winterthur1

13.6

Restructuring costs and impairment losses which are not allocated to reportable segments2

– 0.1

– 0.1

Share in profit of associated companies3

2.9

0.0

Other result that is not allocated to reportable segments

– 10.0

– 4.6

Operating result before interest and taxes (EBIT), Group

28.0

– 43.9

Financial income

2.0

1.7

Financial expenses

– 13.5

– 21.4

(Loss) / profit before taxes

16.5

– 63.6

1See note 2.2.

2Mainly related to the additional restructuring measures in 2024 and 2025 (see note 2.3).

3See note 6.3.

The result that is not allocated to reportable segments includes all those elements of income and expenses that are not allocated on a reasonable basis to the other segments, such as certain costs of central functions and infrastructure (internally reported as “Corporate”).

Sales and non-current assets by country

CHF million

Sales 20241

Sales 20251

Non-current assets 20242

Non-current assets 20252

Switzerland (domicile of Rieter Holding Ltd.)

5.1

1.7

144.1

124.9

Foreign countries

854.0

683.4

415.3

384.1

Group

859.1

685.1

559.4

509.0

The following countries accounted for more than 10% of sales or non-current assets:

Switzerland (domicile of Rieter Holding Ltd.)

5.1

1.7

144.1

124.9

China

172.8

227.7

29.2

23.6

Germany

17.1

23.0

294.2

284.7

India

121.2

97.8

23.1

17.3

Türkiye

158.9

35.0

1.7

1.7

1By location of customer.

2Property, plant, and equipment, intangible assets, and goodwill by country of location.

No individual customer accounted for more than 10 percent of consolidated sales in 2025 and 2024. The greatest granularity available for products and product groups is segment level, which is reflected in the segment reporting shown above.