Textile machinery manufacturer Rieter has reported revenues of 336.2 million Swiss francs for the first half of 2025. This is down by 20% year on year.

Over the six-month period, the company said it had received new orders with a value of 355.4 million Swiss francs, which represents a decline of 12% compared to the same period last year.

It said it had expected market recovery in the first half of 2025, but said global trade disputes, particularly “punitive US tariffs”, and geopolitical uncertainty had led to “shifts in investment decisions on the part of customers”.

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