Rieter Group posts slightly higher net profit in 2005 than last year
29 Mar '06
2 min read
In this difficult market environment net profit could be maintained, but Rieter did not quite equal the previous year's figures for sales and operating result. The group intensified its efforts in both divisions to develop the core business further, expand its position in the emerging markets of Eastern Europe and Asia, and further improve profitability.
Swiss-based Rieter is a leading supplier of products and services for the textile, automotive and plastics industries. Rieter's worldwide workforce totals approximately 13500 employees, some 13% of whom are based in Switzerland.
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