[pageLogInLogOut]
TRÜTZSCHLER SPINNING - THE NEW CARD

#Spinning

Rieter demonstrates resilience in the challenging first half of 2025

In the first half of 2025, Rieter recorded an order intake of CHF 355.4 million (first half of 2024: CHF 403.4 million). This corresponds to a decline of around 12% compared to the same period last year. The expected broader market recovery has led to shifts in investment decisions on the part of customers due to the global trade disputes (particularly US punitive tariffs) and the geopolitical uncertainty.

As already announced in March 2025, the first half of 2025 presented a challenge in terms of revenue volume, but still largely met expectations due to the low order backlog. Revenue amounted to CHF 336.2 million, down 20% on the previous year’s period (first half of 2024: CHF 421.0 million).

[P class="klein":Order intake

The Machines & Systems Division posted an order intake of CHF 166.9 million (first half of 2024: CHF 211.5 million). Although Machines & Systems recorded an increase in demand, the closing of orders was significantly impaired by uncertainty surrounding customs tariffs and the geopolitical and economic situation.

The Components Division generated an order intake of CHF 95.7 million (first half of 2024: CHF 117.6 million) and is suffering under lower demand for components for new machines, primarily as a result of the cautious investment activity in the market.

The After Sales Division recorded a gratifying 25% increase in its order intake to CHF 92.8 million (first half of 2024: CHF 74.3 million). This positive development confirms the strategic growth initiatives that have been initiated. Incoming orders are benefiting from increased sales activities in the target markets, such as Central Asia and China, as well as from the ongoing expansion of the service and repair network.

Sales

The Machines & Systems Division posted sales of CHF 144.0 million (first half of 2024: CHF 198.7 million), which corresponds to a decline of around 28%. At the same time, uncertainties surrounding market developments led to project delays for individual customers, which had a negative impact on the order intake and sales.

In the Components Division, revenue fell by 10% year on year to CHF 113.9 million (first half of 2024: CHF 126.5 million). Sales in the business units focusing on new machines remained below the previous year’s period, while the business areas focusing on consumables or man-made fibers were more stable.

The After Sales Division posted sales of CHF 78.3 million (first half of 2024: CHF 95.8 million). While business involving upgrades and repairs (Engineered Solutions) developed in a positive manner, the weaker sales performance of Machines & Systems led to lower revenue generated through the installation of new systems.

Order backlog

As at June 30, 2025, the company had an order backlog of around CHF 510 million (first half of 2024: CHF 640 million).

Non-recurring items, EBIT, net profit, free cash flow

The reporting period was affected by non-recurring effects from the planned acquisition of Barmag and restructuring costs in the amount of CHF 14.6 million.

Despite the decline in sales, Rieter achieved an operating result (before restructuring and transaction costs) of CHF -2.7 million.

Due to existing capacities and the fixed cost structure, revenue in the first half of 2025 was below the operational break-even point. Rieter continues to assume that sales will be significantly higher than the current level in a normalized market environment.

Rieter was again able to save a substantial amount of overhead costs. These amounted to around CHF 104.9 million in the first half of 2025 (first half of 2024: CHF 119.8 million). The figures demonstrate that the defined cost-saving measures were consistently implemented.

In the first half of 2025, the aforementioned effects resulted in a loss of CHF 17.3 million at EBIT level (first half of 2024: CHF 10.0 million).

Rieter closed the first half of 2025 with a net loss of CHF 20.0 million (first half of 2024: CHF 1.7 million). This decline is attributable to the lower sales volume achieved in the first half of 2025.

The free cash flow in the first half of 2025 amounted to CHF -36.7 million (first half of 2024: CHF -1.1 million). This was attributable to the losses at net profit level and the increase in inventories of finished goods that have not yet been retrieved by customers due to the overall macroeconomic situation.

Extraordinary General Meeting of Rieter Holding Ltd.

result in any outflow of funds. Subject to regulatory approval, the acquisition of the Barmag Division is expected to be completed by the end of the 2025 financial year.

The invitation to the Extraordinary General Meeting, including the agenda and the Board of Directors’ proposals, is expected to be sent to the shareholders on Monday, August 25, 2025, and will be published in the Swiss Official Gazette of Commerce as well as on the Rieter website.

Outlook for the full year 2025 adjusted

The Rieter Group expects a stronger second half of the year for the 2025 fiscal year, though this depends on a continued market recovery. As the market recovery has slowed due to macroeconomic uncertainties, Rieter is adjusting its sales forecast for 2025 as a whole. The company (without consideration of the Barmag Division) now expects sales of around CHF 750 to 800 million (previously: at the prior year’s level of around CHF 860 million).

Excluding restructuring costs and costs associated with the acquisition of Barmag, Rieter expects an operating EBIT margin at the lower end of the range of 0% to 4% for 2025 as a whole.

On Thursday, September 18, 2025, an Extraordinary General Meeting of Rieter Holding Ltd. is taking place to vote on the planned capital increases as part of the rights issue and the private placement to finance the acquisition of the Barmag Division, as well as on the reintroduction of the capital band that lapses by law as a result of the planned capital increases. Rieter’s largest shareholders, Peter Spuhler (around 33% shareholding) and Martin Haefner (around 10% shareholding) continue to support the planned capital increases and committed to participating in the rights issue pro-rata by exercising their subscription rights as well as investing additional capital through private placement. In addition, a capital reduction by means of a nominal value reduction is to be voted on, whereby the relevant reduction amount is to be allocated to the legal reserves from capital contributions and will therefore not result in any outflow of funds. Subject to regulatory approval, the acquisition of the Barmag Division is expected to be completed by the end of the 2025 financial year.

The invitation to the Extraordinary General Meeting, including the agenda and the Board of Directors’ proposals, is expected to be sent to the shareholders on Monday, August 25, 2025, and will be published in the Swiss Official Gazette of Commerce as well as on the Rieter website.

Outlook for the full year 2025 adjusted

The Rieter Group expects a stronger second half of the year for the 2025 fiscal year, though this depends on a continued market recovery. As the market recovery has slowed due to macroeconomic uncertainties, Rieter is adjusting its sales forecast for 2025 as a whole. The company (without consideration of the Barmag Division) now expects sales of around CHF 750 to 800 million (previously: at the prior year’s level of around CHF 860 million).

Excluding restructuring costs and costs associated with the acquisition of Barmag, Rieter expects an operating EBIT margin at the lower end of the range of 0% to 4% for 2025 as a whole.



More News from Rieter Textile Systems

#Spinning

Rieter announces successful completion of rights issue

Rieter Holding Ltd. has successfully completed its rights issue: 99.06% of subscription rights were exercised by the end of the subscription period on October 1, 2025. The remaining shares will be placed on the market.

#Spinning

Rieter shareholders approve capital increase to finance Barmag acquisition

Rieter Holding Ltd. has published the final details for today’s Extraordinary General Meeting (EGM) and subsequently received shareholder approval for all proposals put forward by the Board of Directors.

#ITMA Asia + CITME Singapore 2025

Rieter will highlight the fully automated spinning mill at ITMA Asia 2025

Precision, speed and cost efficiency are all indispensable, especially in challenging times. Rieter has put together a powerful portfolio for ITMA ASIA + CITME 2025 that gives spinning mills the chance to actively shape the future through intelligent automation. By applying smart machine networking, process optimization and increased production efficiency, the portfolio facilitates the comprehensive transformation of spinning mills while reinforcing their competitiveness. This, in turn, enables customers to further consolidate their leading market positions. At the same time, the portfolio is a key milestone on the way to achieving Rieter’s vision 2027 – the fully automated spinning mill.

#Spinning

Temco and Hengli celebrate 20 years of successful partnership

A shared commitment to precision and quality has defined the partnership between Temco and Hengli for over two decades. Since 2006, the Chinese yarn manufacturer has relied on Temco’s high-performance components to ensure the consistent excellence of its DTY (draw textured yarn) products.

More News on Spinning

Latest News

#ITM 2026

The Address of innovation and investment in textile technologies: ITM 2026

Sales for ITM 2026, one of the world’s most comprehensive and prestigious exhibitions in textile technologies, are continuing at full steam. The record number of exhibitors and visitors achieved at ITM 2024 once again proved the industry’s confidence and the commercial success of the exhibition; meanwhile, the strong interest shown in ITM 2026, to be held on 9-13 June 2026, has far exceeded expectations.

#Knitting & Hosiery

STOLL in focus:

At the beginning of this year, KARL MAYER announced that it would be shifting its focus back to its core areas of warp knitting, warp preparation and technical textiles. As part of this strategic realignment, the flat knitting machine business under the STOLL brand will be discontinued. The Reutlingen plant will close down on 31 October 2025. Production in China will end in December 2025. This was an extremely difficult decision for KARL MAYER.

#Recycling / Circular Economy

RECOVER™ Central America wins Textile Exchange’s Climate and Nature Impact Award for Textile-To-Textile Partnership

Recover™ and Intradeco have been named winners of the Climate and Nature Impact Award for Textile-to-Textile Partnership at the 2025 Textile Exchange Conference in Lisbon.

#Heimtextil 2026

Heimtextil 2026 strengthens the global home textile industry with trends, designs and AI technologies

With an optimised hall layout, progressive design collaborations, inspiring trends and AI-driven innovations, Heimtextil 2026 reacts to the current market situation – and offers the industry a reliable constant in challenging times. Under the motto ‘Lead the Change’, the leading trade fair for home and contract textiles and textile design shows how challenges can be turned into opportunities. From 13 to 16 January, more than 3,100 exhibitors from 65 countries will provide a comprehensive market overview with new collections and textile solutions. As a knowledge hub, Heimtextil delivers new strategies and concrete solutions for future business success.

TOP