Dip in sales and orders for Rieter
20/07/2017
Swiss textile machinery manufacturer Rieter saw its order intake drop 3% year-on-year in the first half of 2017. This came despite “increasing demand” since March. Sales for the first six months of the year were CHF 415.2 million ($433.9 million), 5% down on the same period of 2016. The company said it saw its “most significant sales” in Asian...