Recession impacts Rieter working in 2008: Shareholder options instead of dividend

摘要

Rieter Group sales for 2008 declined by 20 per cent to 3142.5 million CHF. The operating result before special charges, interest and taxes totalled 22.4 million CHF. A corporate loss of 396.7 million CHF is mainly attributable to special charges due to restructuring provisions and goodwill impairment as well as the financial result. In the interest of retaining a sound financial basis, the Board of Directors proposes to allocate shareholder options instead of paying a dividend for the 2008 business year.