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Rieter's H1 Net Loss Widens; Sales Up

MT Newswires·07/17/2026 01:09:48
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01:09 AM EDT, 07/17/2026 (MT Newswires) -- Rieter (RIEN.SW) said Friday that its net loss for the first half widened, while sales grew year over year. Net loss attributable to shareholders for the six months ended June 30 was 55.5 million francs, compared with 20 million francs a year ago. Loss per share moved to 0.41 franc from 2.69 francs. The Swiss textile machinery maker's sales were 576.7 million francs, compared with 336.2 million francs earlier. For full-year 2026, the company confirmed its guidance for sales of between 1.3 billion francs and 1.5 billion francs.