Rieter Reports Weaker Remand

摘要

The Rieter Group has revised its expectations downward for the current financial year in light of the fact that the markets for textile machinery in particular are developing less favorably than previously expected. There are also signs of a more severe downturn in vehicle production in Rieter's main markets. Based on current exchange rates, Rieter now foresees a significant decline in sales and a decrease in operating margins.