Rieter

Happy Diwali! May the lights of Diwali guide you on the path to happiness and success!   #Rieter

Rieter Places Bond for a Total of CHF 65 Million Rieter has today placed a bond of CHF 65 million with a term of five years and a coupon of 3.5%. The net proceeds of the issue will be used for general corporate purposes. “The bond also extends the maturity profile of our debt financing and increases the diversification of the investor base as well as our strategic flexibility,” said Oliver Streuli, Rieter Group CFO. The bond was issued by UBS, Zürcher Kantonalbank, Commerzbank and Basler Kantonalbank. The bond will be listed on the SIX Swiss Exchange. https://lnkd.in/db6WczG #Rieter

Rieter held its Capital Market Day 2024 to unveil its new strategy to investors and analysts at the company’s new Campus headquarters in Winterthur. Group CEO Thomas Oetterli set out his vision of how the company will capture growth opportunities in attractive segments. Group CFO Oliver Streuli discussed the company’s financial ambitions and highlighted key figures. Break-out sessions covered technology leadership, customer focus, automation and digitization. The event closed with a visit to the brand-new Spin Center, the most advanced of its kind in the industry. Presentations are available here: https://lnkd.in/dRHUyWje #Rieter #InvestorRelation #CapitalMarketDay

Rieter held its Capital Market Day 2024 to unveil its new strategy to investors and analysts at the company’s new Campus headquarters in Winterthur. Group CEO Thomas Oetterli set out his vision of how the company will capture growth opportunities in attractive segments. Group CFO Oliver Streuli discussed the company’s financial ambitions and highlighted key figures. Break-out sessions covered technology leadership, customer focus, automation and digitization. The event closed with a visit to the brand-new Spin Center, the most advanced of its kind in the industry. Presentations are available here: https://lnkd.in/dRHUyWje #Rieter #InvestorRelation #CapitalMarketDay

User-Friendly and Flexible Draw Frames: The Rieter Advantage!   Maria Felix Villeda confirms: “Our operators appreciate the machine’s user-friendly design, which not only streamlines operations but also minimizes workload.”   Curious about more benefits of Rieter draw frames? Discover them here: https://lnkd.in/eQqEmJ_j   #Rieter #DrawFrames #SpinningTechnology #YarnProduction #TextileMachinery #spinning #TextileIndustry #TextileTechnologyKnowHow

Rieter Investor Update 2024: Order intake of CHF 226.4 million in the third quarter, CHF 629.8 million after nine months. Sales of CHF 163.3 million in the third quarter, CHF 584.3 million after nine months. Order backlog of around CHF 690 million as of September 30, 2024. Outlook for the full year 2024. The media release is available at: https://lnkd.in/gM8qpPk #Rieter

Change of Ownership of Prosino S.r.l.   Rieter has acquired the majority of the shares of Prosino S.r.l. with effect from October 31, 2024. Prosino S.r.l. will be integrated into Bräcker AG. Prosino and Bräcker cooperate successfully already for 40 years in the development of rings and travelers for ring spinning machines. “I am excited about this strategic step. This move will strengthen the Bräcker business and open up new prospects for growth.” said Arne Brand, Managing Director of Bräcker AG.   www.rieter.com #Rieter #Braecker #ring #traveler #RingSpinning #SpinningTechnology #SpinningComponents From left to right: Pietro Prosino, Managing Director, Prosino S.r.l.; Arne Brand, Managing Director, Bräcker AG

Rieter Ring Spinning System powers Beste’s fully traceable supply chain    The innovative Italian textile company Beste Spa has placed an order for a complete Rieter ring spinning system. The latest Rieter technology, in conjunction with digitization and automation solutions, will support Beste in setting up the entire textile production process locally in Italy, centered around producing the highest quality for luxury brands. This investment is a key component of the ITACO project, which focuses on creating a 100% organic and fully traceable Italian cotton supply chain. https://lnkd.in/etuCcrys    #Rieter #BesteSpa #OrganicCotton #TextileTechnology #TextileKnowhow #OrganicCotton #TraceableSupplyChain

Enhance performance with Rieter’s winding upgrades!    To maximize the performance and efficiency of your winding machines we offer the latest features of our successful Autoconer X6 as upgrades and retrofits. They include Suction Nozzle, Smartjet, Ecopack FX, Smart Splicers and many more.    Check out all your possibilities here: https://lnkd.in/dJJFepDU    #Rieter #aftersales #Upgrades #Retrofits #Winding #Autoconer

Rieter Spinning Trends Summit 2024: "Together for a Sustainable Future"    Just ahead of ITMA 2024, Rieter brought together companies from across the textile industry, including 50+ spinning mills and industry experts to explore the latest in spinning technology and deep dive into market trends. The company’s commitment to innovation and sustainability are at the heart of the summit.   Rieter is dedicated to advancing the textile industry alongside partners, working together to build a more sustainable future! www.rieter.com  #Rieter #SustainableFuture #TextileInnovation #SpinningTrends #ITMA2024