Ad-hoc announcement pursuant to Art. 53 LR
- Sales of CHF 1 418.6 million in the 2023 financial year
- Order intake of CHF 541.8 million in the 2023 financial year; order backlog of around CHF 650 million as of December 31, 2023
- EBIT margin of 7.2%
- “Next Level” performance program on track
- Proposed dividend of CHF 3.00 per share
- Outlook 2024 with sales of around CHF 1 billion
The Rieter Group closed the 2023 financial year with slightly lower sales of CHF 1 418.6 million (2022: CHF 1 510.9 million), down 6% on the previous year. In line with expectations, the order intake of CHF 541.8 million was considerably below the prior year period (2022: CHF 1 157.3 million). In a challenging business environment, Rieter generated an EBIT margin of 7.2%. Implementation of the “Next Level” performance program to increase profitability is proceeding according to plan.
https://www.technicaltextiles.in/wp-content/uploads/2024/03/rieter-media-release-2024-03-13-en.pdf