Winterthur, Switzerland-based Rieter reported that integration of Barmag, its Man-Made Fiber Division, is on track following their completion of the company’s largest acquisition. The expanded group is now positioned as a system supplier for processing natural and man-made fibers and expects at least CHF 20 million in synergies by the end of 2028.
Rieter also entered a strategic partnership with Recycling Powerhouse to industrialize, standardize and scale textile recycling. Rieter will contribute expertise in tearing textile waste and spinning short fibers to support development of scalable circular solutions.
First-half order intake increased 56% year over year to CHF 554.1 million, including CHF 261.3 million from Barmag. Sales rose 72% to CHF 576.7 million, and the June 30 order backlog totaled approximately CHF 760 million.
Rieter confirmed its 2026 outlook for sales of CHF 1.3 billion to CHF 1.5 billion and an operating EBIT margin of 0% to 3%.
2026 Quarterly Issue III
