Rieter : Medien- und Investorenpräsentation 2023-07-20
July 20, 2023 at 12:34 am
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Half-Year Results 2023
Media and Investor Presentation, July 20, 2023
Thomas Oetterli, Group CEO Kurt Ledermann, Group CFO
Agenda
01 Market Environment
02 Financials
03 Next Level
04 Outlook
Half-Year Results 2023 . Media & Investor Presentation . July 20, 2023
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Key Messages
First half of 2023
Sales significantly increased to CHF 758.2 million
Order intake of CHF 325.0 million, order backlog of around CHF 1 100 million as of June 30, 2023
EBIT of CHF 25.2 million and net profit of CHF 13.3 million
Sale of land in Winterthur
"Next Level" Performance Program planned
Outlook
Half-Year Results 2023 . Media & Investor Presentation . July 20, 2023
Page 3
Agenda
01 Market Environment
02 Financials
03 Next Level
04 Outlook
Half-Year Results 2023 . Media & Investor Presentation . July 20, 2023
Page 4
Indicative Market Development 2021 until 2023
Market volume1
HY2
-58%
HY1
2021 2022 2023
1 Market volume based on order intake statistics on new machines and systems
Half-Year Results 2023 . Media & Investor Presentation . July 20, 2023
Comment
In 2021 and HY1 2022 market is characterized by the catch-up demand after COVID and relocation from China to ROW, reaching an exceptionally high volume
Starting from HY2 2022, market volume has significantly gone down
Revival is not expected until the fourth quarter of 2023 at the earliest
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Rieter Holding AG published this content on 20 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2023 04:33:06 UTC.
Rieter Holding AG is a Switzerland-based holding company and a supplier to the textile industry. The Company comprises two business segments: Spun Yarn Systems and Premium Textile Components. The Spun Yarn Systems business segment develops and manufactures machinery and systems for processing natural and man-made fibers and their blends into yarns. The Premium Textile Components business segment supplies technology components and service offerings to spinning mills and also to machinery manufacture. The Company provides spinning preparation processes and also all four final spinning processes that are established on the market. It operates through its subsidiaries, as well as affiliated companies in a number of countries. Since May 13, 2011, the former Rieter Automotive Systems Division has been listed separately as Autoneum on the SIX Swiss Exchange.