Rieter reported a strong order intake of CHF 725.5 million in 2024, up 34 per cent from CHF 541.8 million in 2023, marking four consecutive quarters of year-on-year growth. This signals an early market recovery despite ongoing challenges.
However, sales fell sharply by 39 per cent to CHF 859.1 million (2023: CHF 1,418.6 million), reflecting weaker demand. The Machines & Systems Division saw the steepest decline, with sales plunging 56 per cent to CHF 424.9 million (2023: CHF 965.0 million).
The Components Division dropped 7 per cent to CHF 247.6 million, while After Sales remained stable at CHF 186.6 million.
Rieter ended the year with an order backlog of CHF 530 million, down from CHF 650 million in 2023. The company expects an EBIT margin in the upper half of its 2 per cent-4 per cent guidance, despite lower revenue. This resilience is attributed to the successful execution of its “Next Level” performance program.
While sales struggled, Rieter’s rising order intake and cost optimization efforts position it for a stronger performance in 2025.
