News

Sales dip as Rieter announces changes

02/02/2017

Swiss textile machinery manufacturer Rieter recorded a 13% increase in the volume of orders in 2016 compared to the previous year. The total value of sales fell 9%, despite a strong second half of the year. They came in at CHF 945 million. The company said this drop on 2015 was in line with expectations. Sales in China grew 33% to CHF 186.5...

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