Being the leader brand of short fiber yarn production technologies, Rieter published its assessment report for 2013. According to this report, the company made great progress in terms of sales and reached CHF 1.259 billion with an increase of 5 % in the volume of orders received. In terms of the sales, it earned CHF 1.035 billion with an increase of 17 %. According to the data included in the report, the developments seen in 2012 in the market of short fiber machines and components continued in 2013 and the special support of Turkey played a key role in the increasing sales of this segment. However, the report points out to the fact that expected levels of increase were also achieved in the other Asian countries and China and India underwent a recovery in 2013 in comparison to 2012.
Turkey constitutes an important part of the order volume recorded by Rieter in 2013, which amount to CHF 1.259 billion. The company reported increases also in the orders from China and India. In 2013, the amount of orders received for the twisted yarn systems, one of the most important sales items of Rieter, was calculated to be CHF 1.084,3 billion. This amount increased by 57 % in comparison to that of previous year. Total sales amount of twisted yarn systems was recorded as CHF 857.8 million. Sales of the production base of Rieter found in the Czech Republic became influential in this figure. Strategic project costs of the company were mostly directed to the twisted yarn systems.
Premium Textile Business Group
In 2013, the amount of orders was recorded as CHF 175.1 million in the Premium Textile Business Group. In the report stating that the increase of 21 % in comparison to the same period of the previous year mainly resulted from the investments of the yarn machinery manufacturers in particular, it was declared that the amount of total sales reached CHF 177.5 million when the global deliveries of the yarn systems were included. Demands from Turkey, China and India which are the most important markets of Rieter contributed to the formation of this figure. In comparison to 2012, an increase of about 10 % was achieved.
New Investments in 2014
Continuing to work for the future with new investments following successful sales figures, Rieter will accelerate its works in 2014 in this respect. First of all, it aims to be finalising the capacity increasing works in India and China by the end of 2014. Rieter is getting prepared for offering innovative solutions in many fields - energy efficiency, in particular- in addition to developing the yarn properties in the ensuing period. It is expressed that progress will be made in the air jet yarn machines, in particular. Apart from these, the company will continue taking steps for increasing its profit margin in 2014. Rieter, which will reduce the costs by revising the capacity and price discipline, is planning to organise its global activities in this way. According to the explanation made by Rieter, it is expected that the demand for short fiber, in particular, will increase annually by 2.3 % on average until 2030. It was explained that the increasing demand will result from higher level of automation, correct attempts, high quality yarn machines and components in the Indian and Chinese markets, in particular. In the light of the progress of Rieter in these markets, the annual growth target was determined as 5 %. The total investment amount of the company between 2012 and 2013 is reported as CHF 140 million.
