20

21Annual Report

RIETER AT A GLANCE

Sales by Business Group

Order Intake by Business Group

CHF million

CHF million

Components

Components

296.0

231.5

After Sales

221.1

969.2

2 225.7

After Sales

147.4

Machines & Systems

590.3

Machines & Systems 1 708.6

CHF million

2021

2020

Difference

Order intake1

2 225.7

640.2

248%

Sales

969.2

573.0

69%

EBITDA1

85.0

-46.7

- in % of sales

8.8

-8.2

EBIT before restructuring charges1

46.0

-76.7

- in % of sales

4.7

-13.4

EBIT1

47.6

-84.4

- in % of sales

4.9

-14.7

Net profit

31.7

-89.8

- in % of sales

3.3

-15.7

Capital expenditure1

38.6

28.6

35%

Net liquidity1

‒161.9

41.3

-492%

Dividend per share (in CHF)2

4.00

0.00

Equity ratio in %1

27.6

36.4

-24%

Number of employees (excluding temporaries)

4 907

4 416

11%

  1. Definition in Alternative Performance Measures on page 43/44
  2. Motion of the Board of Directors on page 107

Rieter Group . Annual Report 2021 . Group report

3

Group report

4 Rieter Group

  1. Letter to the shareholders
  1. Rieter Business Model
  1. Sustainability at Rieter
  1. Business Group Machines & Systems
  2. Business Group Components
  3. Business Group After Sales
  4. Financial calendar
  5. Corporate Governance

Remuneration report

38 Remuneration report

  1. Report of the statutory auditor on the remuneration report
  2. Alternative performance measures Financial report

Consolidated financial statements

46 Consolidated income statement

  1. Consolidated statement of comprehensive income
  2. Consolidated balance sheet
  3. Consolidated statement of changes in equity
  4. Consolidated cash flow statement
  5. Notes to the consolidated financial statements
  1. Subsidiaries and associated companies

94 Report of the statutory auditor on the audit of the consolidated financial statements

Financial statements of Rieter Holding Ltd.

  1. Income statement
  2. Balance sheet
  3. Notes to the financial statements
  1. Motion of the Board of Directors

108 Report of the statutory auditor on the audit of the financial statements

112 Review 2017 to 2021

4 Rieter Group . Annual Report 2021 . Rieter Group

RIETER GROUP

Rieter is the world's leading supplier of systems for short-staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and man-made fibers and their blends into yarns. Rieter is the only supplier worldwide to cover the complete spinning process across all technologies established on the market. With 17 manufacturing locations in ten countries, the company employs a global workforce of some 4 900, about 18% of whom are based in Switzer- land.

Rieter is a strong brand with a long tradition. For more than 225 years Rieter's innovative momentum has been a powerful driving force for progress in the spinning mill industry. The main focus is the efficiency of the customer's yarn pro- duction. Efficiency in yarn production is attained through minimal use of resources. Therefore, Rieter makes an important contribution to the sustainable production of textiles.

With a global sales and service organization, Rieter is well positioned as market leader in the global competitive environment.

For the benefit of shareholders, customers and em- ployees, Rieter aspires to achieve sustained growth in enterprise value. With this in mind, Rieter seeks to maintain continuous growth in sales and profitability throughout the investment cycle in the textile industry.

The company comprises three business groups: Machines & Systems, Components and After Sales.

SALES

CHF million

2021 969.2

2020 573.0

North and South America

2021 149.9

2020 66.4

Brazil

São Paulo

USA

Spartanburg

Sales/Agents

Service

Production

Research & Development

Headquarters

Europe

2021 43.3

2020 38.4

Switzerland France

Winterthur Wintzenheim

PfäffikonItaly

Rapperswil Galbiate

Wädenswil

Netherlands

BelgiumEnschede Stembert

Czech Republic

GermanyBoskovice

Gersthofen Ústí nad Orlicí Hammelburg

Ingolstadt

Muenster

Suessen

Turkey

2021 182.3

2020 122.0

Istanbul

Africa

2021 13.7

2020 17.8

Rieter Group . Annual Report 2021 . Rieter Group

5

Asian countries1

2021 318.7

2020 184.8

Taiwan, China

Taipei

Uzbekistan

Tashkent

1 without China, India and Turkey

China

2021 135.3

2020 92.8

Changzhou

Hong Kong

Zhongshan

India

2021 126.0

2020 50.8

Wing

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Rieter Holding AG published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 05:30:04 UTC.