Page 42 - The Textile Magazine April 2012

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The Textile Magazine
APRIL 2012
Premium Textile Components
China and India will remain key
growth markets
spinning
Order intake by the Premium Textile Compo-
nents Business Group declined by 22 per cent
to 183.3 million CHF in the year under review
(235.2 million CHF in 2010). Generally speak-
ing, the components business is less subject to
market cycles than the machinery business. It
therefore contributes to a more stable business
trend for Rieter as a whole. Premium Textile
Components posted a 4 per cent increase in sales
to 199.1 million CHF in the year under review.
The Premium Textile Components Business
Group experienced two different half-year pe-
riods in 2011. Following the upswing in the
previous year, order intake at Premium Textile
Components continued to grow in the first three
months of 2011. As of the second quarter, dis-
Premium Textile Components
provides technology components
and service facilities both for
spinning mills and for machin-
ery manufacturers. The busi-
ness group is represented on the
market through four brands:
Bräcker, Graf, Novibra and Sues-
sen. In 2011 it employed a work-
force of 1075 and accounted for
199.1 million CHF or 19 per cent
of Rieter’s total sales.
Mr. Peter Stahlecker,
Managing Director, Suessen