Rieter: Order intake continued to recover in Q4/2020

摘要

In the 4th quarter (Q4) of 2020 the textile machinery manufacturer Rieter Holding AG, Winterthur/Switzerland, saw an order intake of CHF 215.1 million (order intake Q2/2020: CHF 45.7 million, Q3/2020: CHF 174.4 million). Overall, Rieter's annual order intake for the 2020 financial year totaled CHF 640.2 million, a decrease of 31% compared to 2019. At the end of 2020, the company had an order backlog of about CHF 560 million (2019: approx. CHF 500 million). The Business Group (BG) Machines & Systems was particularly hard hit by the effects of the pandemic, with a decline of 35% to CHF 363.9 million. The BGs Components and After Sales each recorded a 24 % reduction in order intake. The exceptional market situation in 2020 gave rise to a significant decline in sales in all 3 BGs to CHF 573.0 million (-25%). In the 2020 financial year, Rieter anticipates an EBIT margin of around -15% (2019: 11.2%).