Switzerland Rieter Textile group reports fiscal year 2010, all major statistics are dramatic improvements in the company, returning to profit ahead of initial projections. Company two years ago the economic situation has been lost, second half of 2009 swell dew signs of recovery. Textile machinery market demand good automobile spare parts supply business improves, this positive situation last year. Willingness Cycling Jersey to improve the main pride in Europe, North America market, at the same time, most Asian markets continued economic growth.Lida group fiscal year 2010, new orders grew by 64% (calculated in accordance with local currency growth 68%), reached 3.17 billion Swiss francs (for 2009 Switzerland Sweet Degeneration). This positive order trend continues for another year. Main reasons for the jump in orders is the textile systems very strong demand.The 2010 fiscal year, Lida group sales grew by 32% (national currency grew by 36%). First half sales up slightly in the second half, the total amounting to 2.5858 billion Swiss francs (CHF for 2009). Exchange rates had a negative impact on key statistics, especially cycling bib shorts in the second half.Earnings before interest and taxes (EBIT), 98 million francs in 2010 operational performance of the company. Equivalent to 3% output. Over a year earlier, Lida group operating results is negative, loss of CHF 186.6 million.The end of 2010, Lida 12,804 employees group.European plants by recruiting temporary workers to increase capacity. China and India's new factory went into production.Orders received by Rieter Textile systems from increasing 510.8 million Swiss francs a year earlier to 1.4546 billion Swiss francs, almost twice. Order trends renders positive developments for the year. Sales growth was particularly strong in the second half, 64% annual income growth, to 870.4 million Swiss francs (CHF Down Jacket for 2009).On a local currency basis, orders received and sales growth and 188%, respectively.Business performance reached 77.9 million Swiss francs, or 9.2% of enterprise production. Due to the size of the previous year have plunged, operating losses.
Switzerland Rieter Textile systems operating performance and beautiful.
Switzerland Rieter Textile group reports fiscal year 2010, all major statistics are dramatic improvements in the company, returning to profit ahead of initial projections. Company two years ago the economic situation has been lost, second half of 2009 swell dew signs of recovery. Textile machinery market demand good automobile spare parts supply business improves, this positive situation last year. Willingness Cycling Jersey to improve the main pride in Europe, North America market, at the same time, most Asian markets continued economic growth.Lida group fiscal year 2010, new orders grew by 64% (calculated in accordance with local currency growth 68%), reached 3.17 billion Swiss francs (for 2009 Switzerland Sweet Degeneration). This positive order trend continues for another year. Main reasons for the jump in orders is the textile systems very strong demand.The 2010 fiscal year, Lida group sales grew by 32% (national currency grew by 36%). First half sales up slightly in the second half, the total amounting to 2.5858 billion Swiss francs (CHF for 2009). Exchange rates had a negative impact on key statistics, especially cycling bib shorts in the second half.Earnings before interest and taxes (EBIT), 98 million francs in 2010 operational performance of the company. Equivalent to 3% output. Over a year earlier, Lida group operating results is negative, loss of CHF 186.6 million.The end of 2010, Lida 12,804 employees group.European plants by recruiting temporary workers to increase capacity. China and India's new factory went into production.Orders received by Rieter Textile systems from increasing 510.8 million Swiss francs a year earlier to 1.4546 billion Swiss francs, almost twice. Order trends renders positive developments for the year. Sales growth was particularly strong in the second half, 64% annual income growth, to 870.4 million Swiss francs (CHF Down Jacket for 2009).On a local currency basis, orders received and sales growth and 188%, respectively.Business performance reached 77.9 million Swiss francs, or 9.2% of enterprise production. Due to the size of the previous year have plunged, operating losses.