Slide 1: Half-Year Results 2021
Half-Year Results 2021 Media and Investor Presentation, July 15, 2021 Dr. Norbert Klapper, Group CEO Kurt Ledermann, Group CFO
Slide 2: Key Messages
Key Messages First half of 2021 ‒ Order intake of CHF 975.3 million ‒ Sales of CHF 400.5 million ‒ EBIT of CHF 9.0 million and net profit of CHF 5.3 million ‒ Strategy implementation und crisis management ‒ Outlook Half-Year Results 2021 . Media & Investor Presentation . July 15, 2021 Page 2
Slide 3: Order Intake by Business Group
Order Intake by Business Group Order intake at CHF 975.3 million due to catch-up effect and regional shift in demand CHF million ‒ A key driver of growth in the machinery business +289% has been the demand for innovative complete 975 systems in the areas of ring and compact spinning ‒ The successful
Slide 4: Sales by Business Group
Sales by Business Group Sales at CHF 400.5 million in the first half of 2021 (+57% vs 2020) CHF million ‒ Sales of the Business Group Machines and +57% Systems increased compared to the previous 401 year period; however, as expected, they were still impacted by the low order intake of the financial
Slide 5: Sales Development by Region
Sales Development by Region CHF million ‒ In the Asian countries, Rieter recorded sales of +57% CHF 137.0 million (+57%) for the first half of the 401 financial year 2021 ‒ In China, sales rose by 85% to CHF 68.5 million 137 due to spinning mills investing in the improvement of their competitiveness
Slide 6: Financial Highlights Half-Year 2021
Financial Highlights Half-Year 2021 CHF million HY1 2021 HY1 2020 Comments Order intake 975.3 250.7 Sales 400.5 254.9 ‒ Volume effect and higher margin in % (e.g. higher Gross profit 124.7 64.0 capacity utilization, reversal of inventory allowance) EBITDA 27.1 -36.1 EBIT before restructuring charges
Slide 7: EBIT – HY1 2020 versus HY1 2021
EBIT – HY1 2020 versus HY1 2021 CHF million -0.4 5.7 9.0 -9.2 7.2 60.7 -55.0 HY1 2020 Gross profit Research & Selling, general Other income Other expenses HY1 2021 development & administrative expenses expenses Half-Year Results 2021 . Media & Investor Presentation . July 15, 2021 Page 7
Slide 8: Balance Sheet − Key Figures
Balance Sheet − Key Figures Solid balance sheet – repayment of short-term loans in HY1 2021 CHF million 30/6/2021 31/12/2020 ‒ Liquid funds on a high level Liquid funds 280.0 283.2 ‒ Net liquidity increased by CHF 57.5 million driven by free cash flow Net liquidity 98.8 41.3 ‒ Decrease in net workin
Slide 9: Rieter CAMPUS Winterthur
Rieter CAMPUS Winterthur ‒ The Rieter CAMPUS is an important element of Rieter’s innovation strategy: ‒ attract talent ‒ attractive working environment which supports creativity and innovation ‒ access to leading edge technology in CH and EU ‒ Start of the construction in July 2021 ‒ Ready early 202
Slide 10: Outlook
Outlook ‒ As already announced, the first half of 2021 has been characterized by a strong market recovery in combination with a regional shift in demand for new machinery and systems. Rieter anticipates a normalization of the demand for new systems in the coming months. The company assumes that spin
Slide 11: Disclaimer
Disclaimer Rieter is making great efforts to include accurate and up-to-date information in this document, however we make no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided in this document and we disclaim any liability whatsoever
Slide 12: Appendix
Appendix Half-Year Results 2021 . Media & Investor Presentation . July 15, 2021 Page 12
Slide 13: Key Data by Share
Key Data by Share Rieter registered shares of CHF 5 nominal value 30/06/2021 31/12/2020 30/06/2020 Bloomberg: RIEN SW, Thompson Reuters: RIEN.S Shares outstanding excluding own shares (end of period) 4 504 419 4 466 303 4 472 514 Average shares (of period) 4 491 418 4 479 637 4 487 622 Share price (
Slide 14: Changes in Workforce
Changes in Workforce As of June 30, 2021, increase of the temporary workforce in the production compared to year-end 2020 FTE1 4’812 4’563 147 428 4’416 4’385 December 31, 2020 June 30, 2021 Temporaries Permanent 1 FTE = Full time equivalent, excluding apprentices, including temporary employees Half
Slide 15: Financial Calendar
Financial Calendar Trading Update 2021 October 22, 2021 Publication of sales 2021 January 26, 2022 Deadline for proposals regarding the agenda of the Annual General Meeting February 18, 2022 Results press conference 2022 March 9, 2022 Annual General Meeting 2022 April 7, 2022 Half-Year Results 2021