20
21Annual Report
RIETER AT A GLANCE
Sales by Business Group | Order Intake by Business Group |
CHF million | CHF million |
Components | Components |
296.0 | |
231.5 | After Sales |
221.1 | |
969.2 | 2 225.7 |
After Sales | |
147.4 | Machines & Systems |
590.3 |
Machines & Systems 1 708.6
CHF million | 2021 | 2020 | Difference |
Order intake1 | 2 225.7 | 640.2 | 248% |
Sales | 969.2 | 573.0 | 69% |
EBITDA1 | 85.0 | -46.7 | |
- in % of sales | 8.8 | -8.2 | |
EBIT before restructuring charges1 | 46.0 | -76.7 | |
- in % of sales | 4.7 | -13.4 | |
EBIT1 | 47.6 | -84.4 | |
- in % of sales | 4.9 | -14.7 | |
Net profit | 31.7 | -89.8 | |
- in % of sales | 3.3 | -15.7 | |
Capital expenditure1 | 38.6 | 28.6 | 35% |
Net liquidity1 | ‒161.9 | 41.3 | -492% |
Dividend per share (in CHF)2 | 4.00 | 0.00 | |
Equity ratio in %1 | 27.6 | 36.4 | -24% |
Number of employees (excluding temporaries) | 4 907 | 4 416 | 11% |
- Definition in Alternative Performance Measures on page 43/44
- Motion of the Board of Directors on page 107
Rieter Group . Annual Report 2021 . Group report | 3 |
Group report
4 Rieter Group
- Letter to the shareholders
- Rieter Business Model
- Sustainability at Rieter
- Business Group Machines & Systems
- Business Group Components
- Business Group After Sales
- Financial calendar
- Corporate Governance
Remuneration report
38 Remuneration report
- Report of the statutory auditor on the remuneration report
- Alternative performance measures Financial report
Consolidated financial statements
46 Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Consolidated statement of changes in equity
- Consolidated cash flow statement
- Notes to the consolidated financial statements
- Subsidiaries and associated companies
94 Report of the statutory auditor on the audit of the consolidated financial statements
Financial statements of Rieter Holding Ltd.
- Income statement
- Balance sheet
- Notes to the financial statements
- Motion of the Board of Directors
108 Report of the statutory auditor on the audit of the financial statements
112 Review 2017 to 2021
4 Rieter Group . Annual Report 2021 . Rieter Group
RIETER GROUP
Rieter is the world's leading supplier of systems for short-staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and man-made fibers and their blends into yarns. Rieter is the only supplier worldwide to cover the complete spinning process across all technologies established on the market. With 17 manufacturing locations in ten countries, the company employs a global workforce of some 4 900, about 18% of whom are based in Switzer- land.
Rieter is a strong brand with a long tradition. For more than 225 years Rieter's innovative momentum has been a powerful driving force for progress in the spinning mill industry. The main focus is the efficiency of the customer's yarn pro- duction. Efficiency in yarn production is attained through minimal use of resources. Therefore, Rieter makes an important contribution to the sustainable production of textiles.
With a global sales and service organization, Rieter is well positioned as market leader in the global competitive environment.
For the benefit of shareholders, customers and em- ployees, Rieter aspires to achieve sustained growth in enterprise value. With this in mind, Rieter seeks to maintain continuous growth in sales and profitability throughout the investment cycle in the textile industry.
The company comprises three business groups: Machines & Systems, Components and After Sales.
SALES
CHF million
2021 969.2
2020 573.0
North and South America
2021 149.9
2020 66.4
Brazil
São Paulo
USA
Spartanburg
Sales/Agents
Service
Production
Research & Development
Headquarters
Europe
2021 43.3
2020 38.4
Switzerland France
Winterthur Wintzenheim
PfäffikonItaly
Rapperswil Galbiate
Wädenswil
Netherlands
BelgiumEnschede Stembert
Czech Republic
GermanyBoskovice
Gersthofen Ústí nad Orlicí Hammelburg
Ingolstadt
Muenster
Suessen
Turkey
2021 182.3
2020 122.0
Istanbul
Africa
2021 13.7
2020 17.8
Rieter Group . Annual Report 2021 . Rieter Group | 5 |
Asian countries1
2021 318.7
2020 184.8
Taiwan, China
Taipei
Uzbekistan
Tashkent
1 without China, India and Turkey
China
2021 135.3
2020 92.8
Changzhou
Hong Kong
Zhongshan
India
2021 126.0
2020 50.8
Wing
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Rieter Holding AG published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 05:30:04 UTC.