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Rieter:Good result for first half of year

Rieter:Good result for first half of year
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摘要 Sales up on previous year - EBIT margin of over 8% - all three business groups contributed to success - vigorous implementation of the STEP UP program started in 2014 Rieter achieved a significant increase in sales and profitability in the first half of 2015. Sales rose by 6% to 553.9 million CHF. As a result, the EBITDA margin amounted to 11.9% and the EBIT margin to 8.3% of sales (compared to 9.3% and 5.5%, respectively, in the first half of 2014). Net profit rose to 29.1 million CHF or 5.3% of sales (compared to 14.3 million CHF or 2.7% of sales in the first half of 2014). Every spinning mill needs to invest to maintain its competitive edge.Keeping pace with latest technology is paramount–but too much emphasis on the actual production machines can also be risky,especially if the spinner fails to protect a new investment adequately. Expensive production machinery such as cards and spinning frames can easily be damaged,for example,by metal pieces caught
作者 Flora Zhao
出处 《China Textile》 2015年第9期46-48,共3页 中国纺织(英文版)

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