Rieter has successfully concluded the financial year 2024 with a strong order intake of CHF 725.5 million and a solid operating result, despite a challenging market environment.
Key Highlights:
- Order Intake: CHF 725.5 million (+34% YoY)
- Sales: CHF 859.1 million (-39% YoY)
- Order Backlog (as of December 31, 2024): CHF 530 million
- EBIT: CHF 28.0 million (EBIT margin of 3.3%)
- Proposed Dividend: CHF 2.00 per share
Order Intake & Market Recovery
Rieter achieved a 34% increase in order intake compared to 2023, marking the fourth consecutive quarter of year-on-year growth. This reflects a strengthened market position and early signs of recovery in the textile industry.
Sales Performance by Division
- Machines & Systems Division: CHF 424.9 million (-56% YoY)
- Components Division: CHF 247.6 million (-7% YoY)
- After Sales Division: CHF 186.6 million (Stable YoY)
While overall sales declined by 39%, the After Sales division remained stable, ensuring continued support for customers.
EBIT & Financial Performance
Rieter recorded an EBIT of CHF 28.0 million with a 3.3% EBIT margin, despite lower sales. This resilience is attributed to the successful execution of the “Next Level” performance program, which focused on operational efficiency and cost optimization.
Outlook for 2025
With a healthy order backlog of CHF 530 million and ongoing market recovery, Rieter remains optimistic about 2025. The company continues to focus on innovation, operational efficiency, and strategic growth initiatives to drive future success.
