ZURICH, Aug 23 (Reuters) - Swiss textile machinery and car components maker Rieter said on Friday first-half net profit fell 39 percent to 40.5 million Swiss francs ($26.96 million), but new orders rose two percent to 1.60 billion. The company reiterated in a statement it expected that full-year 2002 sales and operating profit would not quite match 2001's levels. But the firm added sales in the second half should rise from the first-half level of 1.44 billion, which was down 11 percent ...
Premium Content (PAID Subscription Required)
"Rieter H1 net falls 39 pct, orders rise" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.