News

Sales fall for Rieter, but it sees ‘initial signs’ of recovery

24/01/2024

Textile machinery developer Rieter has said it ended 2023 with lower sales revenues than the year before.

The Swiss group will formally present its full-year results for 2023 on March 13, but it said unaudited figures suggested revenues of just over 1.4 billion Swiss francs (CHF). This would represent a fall of 6% year on year.

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