February 6, 2025
Financial Results

Rieter Sees 34% Surge In Order Intake Despite Sales Decline In 2024

Rieter recorded a significant 34% increase in order intake, reaching CHF 725.5 million in 2024, marking four consecutive quarters of year-on-year growth. However, total sales declined by 39% to CHF 859.1 million, primarily due to lower volumes in the Machines & Systems Division.

The Machines & Systems Division saw the sharpest decline, with sales falling 56% to CHF 424.9 million. The Components Division also reported a 7% drop in sales to CHF 247.6 million, while the After Sales Division remained stable at CHF 186.6 million. At year-end, Rieter had an order backlog of CHF 530 million, down from CHF 650 million in 2023.

Despite the lower sales, Rieter expects its EBIT margin to be in the upper half of the 2%–4% guidance range, supported by the successful implementation of its “Next Level” performance program. The company sees early signs of market recovery, with order intake growth reinforcing its competitive position.

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