Sharp decline in sales for Rieter in first half of 2019
18/07/2019
Textile machinery manufacturer Rieter has reported sales of CHF 416.1 million in the first six months of 2019, a drop of 19% compared to the same period of last year. The company said this decline was primarily caused by lower demand for new machinery. Its ‘Machines & Systems’ business saw year-on-year sales fall by 27%. Sales in China, Rieter’s ...
Share this story:
