Rieter Holding AG provided earnings guidance for the year 2023. For the year the company expected a reported EBIT margin of around 5% to 7%. This includes the special effects from the sales of the Rieter area of about CHF 70 million to CHF 75 million, as well as the onetime cost for Next Level of around CHF 45 million to CHF 50 million.

Both special items amount together to less than 2% and are included in this reported 5% to 7% EBIT margin. Sales are expected at the previous year's level of around CHF 1.5 billion. Rieter anticipated a positive impact on EBIT of around CHF 70 million to CHF 75 million.