Dr. Norbert Klapper
Rieter increased the order intake by 32% to CHF 510.7 million in the first half of 2016, thanks in particular to stronger demand in the machinery business. Order intake was thus significantly higher than sales of CHF 436.9 million. Due to good results of the Components and After Sales business groups EBIT margin was 3.6%. Rieter is expecting a stronger second half of the year with regard to sales and profitability in comparison to the first half and is continuing to work consistently on the programs geared toward boosting innovative capability, expanding the after-sales business and increasing profitability.