Tete-A-Tete

Automation, Digitalization And Sustainability Were The Overarching Themes At ITMA ASIA + CITME 2025: Cornelia Buchwalder

Textile Insights November 10, 2025

The innovations showcased at ITMA ASIA + CITME 2025 showed a clear vision of the future, one where textile factories operate with higher automation, reduced staffing needs and improved sustainability, averred Cornelia Buchwalder, in this exclusive tete-e-tete with Henry Dsouza, Associate

Corporates

Karl Mayer Technical Textiles Appoints Hagen Lotzmann As Managing Director

Textile Insights August 11, 2025

Karl Mayer Technical Textiles has appointed Hagen Lotzmann as its new Managing Director, effective July 1, 2025. He will also serve as President of the Karl Mayer Technical Textiles business unit. A mechanical engineer by training, Lotzmann has been with the company since 2008, contributing in roles ranging from development engineer to sales engineer, and […]

Financial Results

Rieter Closes FY 2024 With A Solid Operating Result

Textile Insights March 13, 2025

Ad hoc announcement pursuant to Art. 53 LR Key Highlights: Order intake: CHF 725.5 million (+34% YoY) Sales: CHF 859.1 million (-39% YoY) Order backlog: CHF 530 million (December 31, 2024) EBIT: CHF 28.0 million (EBIT margin 3.3%) Net profit: CHF 10.4 million Free cash flow: CHF 14.1 million Proposed dividend: CHF 2.00 per share […]

Financial Results

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

Textile Insights January 29, 2025

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 […]