Rieter: 2022 as the fiscal year

Rieter: 2022 as the fiscal year

Financial Year 2022  Record sales of CHF 1 510.9 million, despite enormous challenges in their  realization  Continued high order intake of CHF 1 157.3 million in 2022; order backlog  of around CHF 1 540 million as of December 31, 2022  EBIT margin of 2.1% despite the...
A Dent In The Export Market Hits The Denim Industry

A Dent In The Export Market Hits The Denim Industry

There is a economic upheaval in Europe, Latin America and the US which is followed by the Russia- Ukraine war. This time India’s Gujarat is considered as the Denim capital. There is also a slow demand in major export market and relatively which has muted the domestic...