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Rieter's Nine-month Sales Jump; Outlook Revised

MT Newswires·10/28/2026 02:12:44
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02:12 AM EDT, 10/28/2026 (MT Newswires) -- Rieter (RIEN.SW) logged a year-over-year growth in sales for the first nine months of 2026, a Wednesday filing showed. For the nine months ended Sept. 30, sales were 898.6 million francs versus 457.7 million francs previously, the Switzerland-listed spinning mill machinery company said. Sales in the third quarter stood at 321.9 million francs. For 2026, Rieter now expects sales at the bottom end of its previously guided range of 1.3 billion francs to 1.5 billion francs.