Rieter Reports 2025 Investor Update and Strategy Progress

Order intake reaches CHF 559.3 million in first nine months of 2025; strategic focus on automation, digitization, and Barmag acquisition strengthens Rieter’s global positioning.

Rieter Holding Ltd. has reported an order intake of CHF 559.3 million for the first nine months of 2025, despite continued investment restraint in key markets. The company highlighted major progress in executing its strategic initiatives, including performance improvements, automation advancements, and its planned acquisition of the Barmag Division.

Rieter has announced an order intake of CHF 203.9 million for the third quarter of 2025 and CHF 559.3 million for the first nine months. Sales totaled CHF 121.5 million in the third quarter and CHF 457.7 million for the nine-month period. The company’s order backlog stood at around CHF 590 million as of September 30, 2025. Rieter also reported significant progress in executing its strategic initiatives and has adjusted its full-year outlook for 2025.

The market environment remains cautious due to ongoing trade policy uncertainties in major markets. While customer interest in new machinery projects is growing, many investment decisions have been deferred until 2026. Reduced machinery demand and cost-saving initiatives by customers are slowing order-to-sales conversions, affecting both After Sales and Components Divisions.

Order Intake:
In this challenging climate, Rieter’s order intake reached CHF 559.3 million for the first nine months of 2025, compared to CHF 629.8 million in 2024. Adjusted for major orders from DIW (China) in 2024, order intake rose by 11%, driven by a strong third quarter. The Machines & Systems Division recorded CHF 287.1 million, down 17% year-on-year, while Components decreased by 13% to CHF 142.6 million. Conversely, the After Sales Division achieved a 9% increase to CHF 129.6 million.

Sales:
Sales conversion remained difficult due to geopolitical instability and extended delivery cycles, particularly in the After Sales business. Total sales for the first nine months amounted to CHF 457.7 million, a 22% decrease compared with the previous year. The Machines & Systems Division recorded CHF 191.9 million (-27%), Components reached CHF 154.6 million (-16%), and After Sales generated CHF 111.2 million (-18%).

Order Backlog:
Rieter’s order backlog stood at approximately CHF 590 million on September 30, 2025, compared to CHF 690 million a year earlier.

Strategy Implementation Progress:
The company has made substantial progress in implementing its strategy, focusing on technology leadership in automation and digitization, strengthening key markets, and enhancing cost efficiency through its performance program. Overhead costs have been reduced by more than CHF 100 million since 2023.

At ITMA Asia + CITME 2025 in Singapore, Rieter will introduce new automation technologies, advancing toward its goal of a fully automated spinning mill to be presented at ITMA 2027 in Hanover.

Barmag Acquisition:
The planned acquisition of the Barmag Division represents a strategic milestone that will create a leading global provider of natural and man-made fiber systems. Rieter expects all regulatory approvals to be completed in Q4 2025.

Outlook for 2025:
Due to postponed projects, Rieter now anticipates full-year 2025 sales of around CHF 700 million (previously CHF 750–800 million). Despite lower volumes, the company expects an operating EBIT margin at the lower end of the 0–4% range (excluding restructuring and acquisition-related costs).
EBIT is expected to be impacted by approximately CHF 15 million in transaction costs and CHF 20 million in financial expenses related to the Barmag acquisition. The overall net result for 2025 is projected to be negative.