Jul 18, 2024 / 07:00AM GMT
Thomas Oetterli - Rieter Holding AG - Chief Executive Officer, Executive Director
Good morning. Bonjour. Buongiorno. Grüezi miteinander, ladies and gentlemen. Also a warm welcome from my side. First, let me start by briefly giving you an overview of what happened in the first half of 2024. The cover slide is still the same like in March. It shows our air-jet spinning machine J70. We unveiled the J70 last year at the industry's largest fair, ITMA, in Milan.
In June 2024, we then announced that we will install the world's first ever complete air-jet spinning system with J70 technology at Guangxi Baisheng Textile Company in China. So the future is no longer a plan, but it has become reality. The sale also reflects the strengths of our product portfolio, which is designed around automation, digitization and recycling. In the fiercely competitive markets in which we operate, this meets a key need of our customers.
Customer interest at the ITM exhibition in Istanbul in June 2024 confirmed our innovation approach. ROBOspin, our automatic piecing robot, was the centerpiece of our exhibition and
Half Year 2024 Rieter Holding AG Earnings Call Transcript
Jul 18, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers