Brief: Rieter Holding Q4 Order Intake Up At CHF 215.1 Million

Rieter Holding AG

27/01/2021 05:35

Jan 27 (Reuters) - RIETER HOLDING AG  RIEN.S :
    * ORDER INTAKE INCREASED TO CHF 215.1 MILLION IN Q4 OF 2020
AND
REACHED A TOTAL OF CHF 640.2 MILLION IN 2020 FINANCIAL YEAR
    * SALES OF CHF 573.0 MILLION IN 2020 FINANCIAL YEAR WERE
SIGNIFICANTLY DOWN ON PREVIOUS YEAR
    * RIETER HOLDING AG - EBIT MARGIN OF AROUND -15% AND NET
PROFIT OF
AROUND -16% OF SALES EXPECTED
    * FIRST HALF OF 2021 STILL HEAVILY IMPACTED BY COVID-19
PANDEMIC
    * CHANGE TO GROUP EXECUTIVE COMMITTEE
    * APPOINTED ROGER ALBRECHT AS HEAD OF BUSINESS GROUP
MACHINES &
SYSTEMS AND A MEMBER OF GROUP EXECUTIVE COMMITTEE

Source text - https://bit.ly/3iRsYjv
Further company coverage:  RIEN.S 

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