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Last SFr.136.90 CHF
Change Today -0.20 / -0.15%
Volume 5.6K
RIEN On Other Exchanges
Symbol
Exchange
Berlin
SIX Swiss Ex
OTC US
As of 11:43 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

rieter holding ag-reg (RIEN) Snapshot

Open
SFr.137.10
Previous Close
SFr.137.10
Day High
SFr.137.50
Day Low
SFr.135.60
52 Week High
09/19/14 - SFr.203.00
52 Week Low
01/21/15 - SFr.113.69
Market Cap
639.6M
Average Volume 10 Days
12.1K
EPS TTM
SFr.14.78
Shares Outstanding
4.7M
EX-Date
04/20/15
P/E TM
9.3x
Dividend
SFr.4.50
Dividend Yield
3.29%
Current Stock Chart for RIETER HOLDING AG-REG (RIEN)

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rieter holding ag-reg (RIEN) Details

Rieter Holding AG supplies systems for short-staple fiber spinning worldwide. It operates in two segments, Spun Yarn Systems and Premium Textile Components. The Spun Yarn Systems segment develops and manufactures machinery and systems for processing natural and manmade fibers, as well as their blends into yarns. The Premium Textile Components segment supplies wearing parts and technology components to spinning mills and machinery manufacturers. This segment offers its products under the Bräcker, Graf, Novibra, and Suessen brands. The company’s products and services include systems for fiber and spinning preparation; ring, compact, rotor, and air jet spinning machines; mill information systems; and system engineering, training, textile laboratory, and after sales services. The company was founded in 1795 and is based in Winterthur, Switzerland.

5,004 Employees
Last Reported Date: 03/18/15
Founded in 1795

rieter holding ag-reg (RIEN) Top Compensated Officers

Chief Executive Officer and Head of the Busin...
Total Annual Compensation: SFr.771.9K
Compensation as of Fiscal Year 2014.

rieter holding ag-reg (RIEN) Key Developments

Rieter Holding Ltd. Reports Earnings Results for the First Half Ended June 30, 2015; Provides Guidance for the Year 2015

Rieter Holding Ltd. reported earnings results for the first half ended June 30, 2015. For the period, the company reported sales of CHF 553.9 million against CHF 522.1 million a year ago. Operating result before interest, taxes, depreciation and amortization (EBITDA) was CHF 66.0 million against CHF 48.4 million a year ago. Operating result before interest and taxes (EBIT) was CHF 46.1 million against CHF 28.8 million a year ago. Net profit was CHF 29.1 million or CHF 6.36 per share against CHF 14.3 million or CHF 3.12 per share a year ago. Capital expenditures on tangible and intangible were CHF 7.3 million against CHF 12.5 million a year ago. Free cash flow was negative at CHF 5.1 million compared to CHF 2.9 million in the first half of 2014. The company expects sales for the year of 2015 to be lower than in 2014. Consequently, EBIT and net profit are expected to be lower than in 2014. Depending on the effective currency scenario, the negative impact on operating profitability is unchanged estimated in the range of 100 to 200 basis points compared to 2014. In order to achieve its medium term targets, the company continues to work on the implementation of its strategic priorities of innovation, expansion of the after sales business and improvement of profitability.

Rieter Holding AG, H1 2015 Earnings Call, Jul 23, 2015

Rieter Holding AG, H1 2015 Earnings Call, Jul 23, 2015

Rieter Opens New Spinning Center in China

Rieter has opened a new application and research center for spinning technology in China. It is the most advanced in the world and is a key element in Rieter's range of services. The facility will contribute towards further positive development of the Chinese spinning industry. Representatives of the Changzhou government and the Chinese textile industry are attending the inauguration. Alongside numerous Rieter partners and customers, representatives of the Changzhou government, the China Textile and Apparel Council and the Chinese textile industry participate in the inauguration. The official inauguration of Rieter Application & Research Centre for Spinning Technology marks the completion of the expansion in China. Rieter has long been operating a spinning centre in Switzerland and a similar establishment in India. The new spinning centre in China is equipped with all four significant spinning processes, modern machines, a laboratory, as well as training rooms and showrooms. Consultation is provided by experienced textile technologists. Customers and fibre producers can test their products and also obtain advice on complex technological issues. In addition, the globally unique centre offers training of internal and external specialists. Main focal points deal with the use and maintenance of modern spinning mills, the development and marketing of yarns as well as yarn and fibre measuring, yarn application and fabric development. Optimal manufacturing costs with consistent yarn quality are the alpha and omega for successful spinning mills. To achieve this, cutting-edge technology, the appropriate know-how and a high level of expertise are indispensable. All Rieter technology locations are closely linked and maintain an ongoing exchange of information. With the spinning centre in Changzhou, Rieter's global technology know-how is now also available to customers in China and the surrounding countries.

 

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RIEN Competitors

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Company Last Change
Jingwei Textile Machinery CNY17.58 CNY +1.60
Lakshmi Machine Works Ltd 3,439 INR -61.20
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Industry Analysis

RIEN

Industry Average

Valuation RIEN Industry Range
Price/Earnings 12.3x
Price/Sales 0.6x
Price/Book 1.5x
Price/Cash Flow 7.1x
TEV/Sales NM Not Meaningful
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