Rieter Holding AG

Swiss Stock Exchange RIEN.SW

Rieter Holding AG Net Income for the year ending December 31, 2023: USD 87.89 M

Rieter Holding AG Net Income is USD 87.89 M for the year ending December 31, 2023, a 571.71% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Rieter Holding AG Net Income for the year ending December 31, 2022 was USD 13.08 M, a -62.34% change year over year.
  • Rieter Holding AG Net Income for the year ending December 31, 2021 was USD 34.75 M, a 134.25% change year over year.
  • Rieter Holding AG Net Income for the year ending December 31, 2020 was USD -101.44 M, a -287.53% change year over year.
  • Rieter Holding AG Net Income for the year ending December 31, 2019 was USD 54.09 M, a 67.08% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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SV Wall Street
Swiss Stock Exchange: RIEN.SW

Rieter Holding AG

CEO Mr. Thomas Oetterli
IPO Date April 10, 1995
Location Switzerland
Headquarters Klosterstrasse 32
Employees 4,831
Sector Materials
Industries
Description

Rieter Holding AG, together with its subsidiaries, supplies systems for short-staple fiber spinning in Switzerland and internationally. The company operates through three segments: Machines & Systems, Components, and After Sales. The Machines & Systems segment develops and manufactures machinery and systems for processing natural and man-made fibers, as well as their blends into yarns. This segment offers blowrooms and carding machines for fiber preparation; draw frames, combing machines, and rowing frames for spinning preparation; and ring, compact, rotor, and air jet spinning machines for end spinning. The Components segment supplies technology components to spinning mills and textile machinery manufacturers, as well as precision winding machines. This segment offers its products under the Accotex, Bräcker, Graf, Novibra, SSM, Suessen, and Temco brands. The After Sales segment develops, produces, and distributes spare parts for the company's machines; sells technology components; and provides services that enable its customers to enhance their spinning mills, as well as building conversions and modernization services. The company was founded in 1795 and is headquartered in Winterthur, Switzerland.

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StockViz Staff

February 6, 2025

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