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Rieter order intake up 13%
The 2016 financial year was characterised by a significantly higher order intake, especially in the first half year, and lower sales compared to the previous year. Despite the decline in sales, Rieter achieved an EBIT margin of 6 per cent. Against the background of the solid financial and earnings position, the Board of Directors proposes to the shareholders to increase the dividend compared to the previous year.
Countdown to 1st Trützschler filament lines
Trützschler Switzerland AG is the youngest member of the Trntzschler Group, adding the business unit of filament spinning lines to the product portfolio. The first Trntzschler BCF lines will start production soon.
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