Rieter : Medien- und Investorenpräsentation 2022-07-19
July 19, 2022 at 12:44 am EDT
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Half-Year Results 2022
Media and Investor Presentation, July 19, 2022
Dr. Norbert Klapper, CEO Kurt Ledermann, CFO
Key Messages
Market success through technology leadership, profits strongly impacted by significant cost increases and supply chain bottlenecks
Order intake of CHF 869.4 million, order backlog of more than CHF 2 100 million
Sales of CHF 620.6 million, preproduced deliveries in the three-digit million range had to be postponed until the second half of 2022
EBIT of CHF -10.2 million and net result of CHF -25.2 million due to significant cost increases, additional costs and acquisition-related expenses
Action plan to increase sales and profitability
Rieter site Winterthur
Outlook
Half-Year Results 2022 . Media & Investor Presentation . July 19, 2022
Page 2
Order Intake
CHF million
975
570
+22%
869
693
‒ Order intake HY1 2022 without acquisitions
significantly above 5-year average
‒ Reason: regional shift of demand
‒ Investments outside China
‒ Investments in competitiveness of Chinese
spinning mills
‒ Normalization expected
‒ Long delivery times of equipment suppliers
‒ Global challenges
‒ Order backlog of over CHF 2 100 million
‒ Cancellations at around 5% of order backlog
Avg HY
HY1 2021
HY1 2022
HY1 2022
2017-2021
w/o acquisition
Half-Year Results 2022 . Media & Investor Presentation . July 19, 2022
Page 3
Rieter Group - Order Intake (1)
Rieter benefits from regional shift of demand and successful strategy implementation
Market
Regional shift continues
Investments outside China
Investments into competiti- veness of Chinese mills
See country ranking first half of 2022
Technology
Rieter's value proposition "lowest cost per kg yarn"
Right answer to current energy cost challenge
System
Ring/compacting technology representing >80% of global capacity
Rieter 2019 innovations and automatic winder acquisition
Order intake for complete ring- and compacting-systems gaining traction
Half-Year Results 2022 . Media & Investor Presentation . July 19, 2022
Page 4
Rieter Group - Order Intake (2)
Country ranking first half of 2022 confirms regional shift of demand
Average 2011-2020
Financial Year 2021
1.
China
1.
Turkey
2.
Turkey
2.
India
3.
India
3.
Uzbekistan
4.
Uzbekistan
4.
China
5.
USA
5.
Pakistan
Total: CHF 939.7 million1
Total: CHF 2 225.7 million
First Half of 2022
India
Turkey
China
Uzbekistan
Pakistan
Total: CHF 869.4 million2
Average of the published annual order intake of the Rieter Group
Including acquisition impact
Half-Year Results 2022 . Media & Investor Presentation . July 19, 2022
Page 5
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Rieter Holding AG published this content on 19 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2022 04:43:00 UTC.
Rieter Holding AG is a Switzerland-based holding company and a supplier to the textile industry. The Company comprises two business segments: Spun Yarn Systems and Premium Textile Components. The Spun Yarn Systems business segment develops and manufactures machinery and systems for processing natural and man-made fibers and their blends into yarns. The Premium Textile Components business segment supplies technology components and service offerings to spinning mills and also to machinery manufacture. The Company provides spinning preparation processes and also all four final spinning processes that are established on the market. It operates through its subsidiaries, as well as affiliated companies in a number of countries. Since May 13, 2011, the former Rieter Automotive Systems Division has been listed separately as Autoneum on the SIX Swiss Exchange.
RIETER HOLDING AG 
