Textile machinery developer Rieter has reported year-on-year growth of 11% for the first nine months, achieving sales of around $1.2 billion or 1.1 billion Swiss francs.

The group, based in the city of Winterthur, Switzerland, attributed this increase to improved delivery conditions, thanks to the relative easing of supply bottlenecks versus the comparative period. Third-quarter sales did experience an 8.8% decline, however.

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