Rieter Holding Ltd.
RIEN
ISIN CH0003671440 / Valor 367144
Rieter Holding Ltd.
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About company
Rieter Holding Ltd., headquartered in Winterthur, Switzerland, is a prominent global supplier specializing in systems for manufacturing yarn from staple fibers in spinning mills. With a history spanning over 230 years, Rieter develops and produces machinery, systems, and components that efficiently convert both natural and synthetic fibers into yarn. The company operates 18 production sites across ten countries and employs approximately 4,790 people, with a significant portion based in Switzerland. Rieter is publicly traded on the SIX Swiss Exchange under the ticker symbol RIEN. The company is renowned for its advanced spinning technology, which enhances resource efficiency in the textile industry. Rieter's offerings include custom spinning mill systems, precision winding machines, and a comprehensive range of products and services designed to optimize the lifecycle performance of spinning mills. Additionally, Rieter supports its customers with original parts and modernization solutions, ensuring sustained performance and competitiveness. The company collaborates with various partners, such as ARISE IIP and the African Export-Import Bank, to expand its influence and capabilities in the textile manufacturing sector.
Summarized from source with an LLMView SourceSector: IndustrialsKey figures
Performance
Volatility
527 M
Market cap (USD)
209,027
Daily traded volume (Shares)
85.8 / 83.3
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
Mateo Robin
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