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Global demand for textile products remains low, Rieter says

21/07/2023

Textile machinery developer Rieter has reported sales revenues of 758.2 million Swiss francs for the first half of 2023, an increase of 22.2% year on year.

It said this growth had come about in spite of some cancellations or postponements of deliveries of new machinery to customers in Turkey following the devastating earthquakes there in early February.

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