From the Sector

Infinited Fiber Company announces that Petri Alava, co-founder and CEO since the company’s founding in 2016, will step down from his role on May 31, 2025. Chief Operating Officer Sahil Kaushik will serve as acting CEO from June 1, 2025. Petri Alava will continue supporting the company as Senior Advisor through the end of November. The Board of Directors has initiated the search for a permanent successor.

While circularity and sustainability remain essential, competitiveness is now front and center in the next phase of Infinited Fiber’s industrial scale-up. The company’s strategy is evolving accordingly, with an intensified focus on operational excellence and readiness for large-scale industrial investment.

“Our product has been validated by the market — the value is now established,” said Andreas Tallberg, Chairman of the Board of Directors. “The next strategic priority is to turn that value into profitable industrial scale, by optimizing cost and capital efficiency. We’re grateful for the work Petri and the team have done and excited to begin the next chapter — with Sahil, who brings deep experience in scaling industrial production and driving efficiency in the chemical industry, now leading the transition.”

“Infinna is a breakthrough innovation that’s more relevant than ever,” said Kaushik. “It’s a privilege to lead this talented team, together with world-leading brands supporting us as investors. We have a clear path forward and a solid foundation for the next phase.”

Over the past decade, Petri Alava has played a central role in shaping Infinited Fiber into a global front-runner in textile-to-textile recycling of cotton. Under his leadership, the company’s circular fiber Infinna™ has achieved strong market traction, backed by long-term offtake agreements with leading fashion brands, underscoring Infinna’s unique value and laying the groundwork for scaling a profitable business.

“Ten years is a long time to lead a growth company — and a natural point for change,” said Petri Alava. “I’m incredibly proud of the journey we’ve made as a team: we’ve built something truly valuable — a recycled cotton-like fiber with exceptional market fit, proven demand, and long-term partnerships. Now, with market dynamics shifting and Infinited Fiber entering a new strategic phase, it’s the right time to pass the baton — from creating value to scaling it. I’m happy to support the team during the transition.”

The winners of the 2025 IDEA® Achievement Awards and FiltXPO™ Innovation Awards were announced during special ceremonies held April 29 and 30 at the Miami Beach Convention Center in Miami Beach, Florida. Presented at the co-located IDEA®25 and FiltXPO™ 2025 events, the awards celebrate outstanding innovations driving progress in nonwovens and filtration. INDA, the Association of the Nonwoven Fabrics Industry, collaborated with International Filtration News for the FiltXPO™ Awards and Nonwovens Industry magazine for the IDEA® Achievement Awards.

IDEA® Equipment Achievement Award
Dilo Systems GmbH – MicroPunch
The rising energy costs and water shortages have led to a re-evaluation of production methods, with a stronger focus on environmental impact. With MicroPunch, it is possible to reduce energy consumption by approximately 75 percent compared with other consolidation techniques that produce lightweight nonwovens. This technology enhances efficiency and reduces the manufacturing costs and the environmental footprint.

IDEA® Nonwoven Products Achievement Award
Innovatec Microfibre Technology GmbH & Co. KG – InnovaWipe® Water-Soluble Nonwoven
This water-soluble nonwoven is completely biodegradable under both aerobic and anaerobic conditions. It offers excellent resistance to oils, greases and chemicals. It does not leave any microplastics behind, breaking down into carbon dioxide, water and biomass. It also has no ecotoxic effects, is safe for the marine environment and does not cause fatbergs or blockages in wastewater systems – flushable and home compostable.

IDEA® Raw Materials Achievement Award
Woolchemy NZ Ltd. – neweFibre
Woolchemy’s neweFibre is the world’s first hygiene-grade wool, engineered for high-performance, sustainable hygiene products. This fully traceable, renewable fiber enhances moisture management, thermal comfort, and odor control. Seamlessly integrating into production, neweFibre powers innovations like neweFlex ADL for exceptional fluid distribution and skin dryness.

IDEA® Short-life Achievement Award
Egal Pads, Inc. – Egal™ Pads on a Roll
At Egal, we believe pads should be as common as toilet paper.  Our vision is that “pads on a roll” will be put in every toilet stall – where they are needed most – to ensure privacy and dignity to all who menstruate.  Egal pads are manufactured in roll form, 40 individually wrapped on each roll, so they can be mounted on existing toilet paper dispensers or in Egal’s custom-designed dispensers.

IDEA® Long-life Achievement Award
Magnera – Sontara® EcoRE Bag
EcoRE bags are produced entirely from cellulosic fibers, presenting a sustainable alternative to traditional synthetic materials. Made with Sontara fabric certified by OK compost HOME, these bags maintain their durability and strength without the need for added binders, addressing a common concern with compostable goods. With plastic bag bans now in place in many states, Sontara offers a timely and eco-friendly solution for the retail and shopping market.

IDEA® Sustainability Advancement Award
KINDCLOTH™ – PURA HEALTH Insect Repellent – Water Dissolvable Wipes
This wet wipe combines water-dissolvable Hydropol™ technology with a natural formula featuring lemongrass and citronella. Designed for eco-conscious consumers, this innovative wipe provides effective insect protection while leaving no waste behind. Certified biodegradable, flushable, and designed not to create harmful microplastics, it safeguards fragile ecosystems and supports sustainability goals.

IDEA® Entrepreneur Award
Dude Products, Inc.
In less than a decade, the Dude Wipes brand has grown from an entrepreneurial concept conceived in a bachelor’s post-college apartment to a more than $200 million global brand. These flushable wipes have flourished in flushable wipes industry, successfully going head to head against multinational consumer product companies Kimberly-Clark, S.C. Johnson, and Procter & Gamble.

FiltXPO Air/Gas Filtration Award
Greentech Environmental LLC – Greentech Filters with ODOGard®
ODOGard® technology deeply integrates odor-neutralizing polymers into nonwoven and nanofiber filters, offering an innovative, non-toxic approach to indoor air quality. ODOGard® significantly enhances filtration durability and performance.

FiltXPO Water/Liquid Filtration Award
Ahlstrom – BioProtect™
Ahlstrom’s sustainable BioProtect™ material offers superior dye-catching performance for laundry applications. Manufactured from 100 percent naturally derived fibers and OC-Biobinder®, BioProtect™ is both biobased and home compostable, combining premium performance with environmental responsibility.

FiltXPO Filtration Equipment Award
Filtration Advice Inc. – FA-TCO Software
This cutting-edge software provides comprehensive Total Cost of Ownership (TCO) analysis and predictive modeling for air filtration systems. FA-TCO enables data-driven decisions, extending filter lifespans, reducing operational costs, and enhancing overall sustainability in filtration management.

CARBIOS, (Euronext Growth Paris:  ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces to its shareholders and the financial community that its 2024 Universal Registration Document including the annual report, the management report and the report on corporate governance was filed with the French Financial Market Authority (Autorité des marchés financiers) on April 30, 2025 under the number D.25-0354.

Copies of the Universal Registration Document are available in French free of charge, pursuant to applicable law, and can be downloaded from the Company's website at www.carbios.com under the “Investors – Regulated information” section, as well as on www.amf-france.org. An English version will follow shortly.

adidas announced its latest edition of Move For The Planet - the annual initiative that focuses on making sports facilities more resilient against extreme weather conditions, across the globe. By inspiring everyday athletes to track movement, funds are raised to help deliver sustainability education and help improve the places that sport is played.

For every ten minutes of relevant activity logged in the adidas Running app – or, for the first time, Strava - between 12th-25th May, adidas will donate €1 - up to a total of €1.5 million - to several projects across the globe.  Participants can choose from over 100 trackable sports and movements including running, swimming and wheelchair rugby – and add to the 400,000,000 minutes of movement already logged since the initiative began in 2023.

Working with its partners – Common Goal and UN Climate Change - adidas will donate the funds to implement and upgrade infrastructure for communities impacted by extreme weather. This includes weather-resistant facilities – such as water harvesting and purification systems introduced into projects such as United Through Sport in South Africa and waste management processes like the system implemented through Enabling Leadership in India.

The funds raised also provide accessibility to an education platform for global NGOs and organizations, that enable education on more sustainable actions – using the power of sport to help ensure its future in communities. This year, it will directly impact projects such as Girls United in Mexico, El Rio in Colombia, Red Deporte in Spain and United Through Sport in South Africa.

Since its inception, Move For The Planet has helped introduce sustainability education programs to over 8,000 individuals and over 23,000 people have had access to improved sporting facilities across all participating projects.

Ashley Czarnowski, Senior Director, Global Purpose Marketing at adidas said: “We’re delighted to welcome back Move For The Planet for a third year. It’s an extremely important initiative that helps to support sporting communities facing the effects of extreme weather.  With the continued expansion of sports and projects included in Move For The Planet, we can’t wait to see the movement and impact grow even further. This year we are calling for the adidas community to be catalysts for action; motivating the people in their lives to join in and get moving.”

To help inspire more movement, a new roster of global adidas athletes join Move For The Planet for the first time. This will include FIFA World Cup winner Alexis Mac Alister, Downhill Mountain Bike World Cup Champion Valentina Höll, Commonwealth Games gold medallist Ferdinand Omanyala and renowned health and fitness coach Massy Arias. Featuring in a series of short films inspired by their own connection to foundational sporting spaces, each athlete outlines the communities that rely on them, and the role these facilities play for the next generation of athletes.

Rute Caldeira, Head of Impact at Common Goal said: “Move for the Planet exemplifies the power of collaboration in driving the urgent action needed to make sports facilities more resilient. This partnership is invaluable to us, as it combines innovation with impact. Leveraging sports-for-good organizations, deeply rooted in the fabric of their communities, is a game-changing strategy in our approach to this goal. Over the past two years, Move for the Planet has delivered transformative results, enabling real and lasting improvements in some of the most resource-scarce regions of the world. We’re thrilled to continue this vital work into a third year, building a brighter future for the communities who need it most.”

Lindita Xhaferi-Salihu, Sports for Climate Action Lead at UN Climate Change, said: “This partnership aims to strengthen sustainability knowledge and action within the sports community, as it brings together diverse expertise and best practice case studies to sport organizations and sport NGOs. By sharing perspectives, needs and collaborating on solutions, we can drive positive change, strengthen communities, and create lasting impact through sport.”

On April 17, 2025, the 81st Annual General Meeting of Lenzing AG adopted the resolution to discharge the members of the Managing and Supervisory Boards acting in the 2024 financial year and set the remuneration of the Supervisory Board members for the 2025 financial year.

In addition, a revised remuneration policy was approved. In order to align the remuneration policy for the Managing Board even more closely with the interests of shareholders, the link to share price performance in performance-based remuneration, in particular, was further strengthened. The new remuneration policy of Lenzing AG is also linked to non-financial sustainability criteria (ESG) in addition to financial performance criteria.

KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft was appointed as the auditor for both the separate and the consolidated financial statements and also as the auditor of the sustainability reporting for the 2025 financial year.

Elections to the Supervisory Board
The Annual General Meeting also elected Patrick Lackenbucher and Leonardo Grimaldi as new members of the Supervisory Board of Lenzing AG until the end of the Annual General Meeting that adopts the resolution that discharges the Supervisory Board members acting in the 2029 financial year. The mandate of Stefan Fida was also extended until the end of the Annual General Meeting that adopts the resolution that discharges the Supervisory Board members acting in the 2029 financial year.

The elections to the Supervisory Board were due to the expiry of the terms of office of Stefan Fida and of Cord Prinzhorn, who is thereby stepping down from the Supervisory Board in order to concentrate in the future on both existing as well as new tasks within the B&C Group. Marcelo Feriozzi Bacci had already stepped down from the Supervisory Board at his own request on December 6, 2024.

As a consequence, the Supervisory Board of Lenzing AG continues to consist of ten members elected by the Annual General Meeting: Carlos Aníbal de Almeida Junior, Cornelius Baur, Helmut Bernkopf, Stefan Fida, Markus Fürst, Franz Gasselsberger, Leonardo Grimaldi, Patrick Lackenbucher, Gerhard Schwartz and Astrid Skala-Kuhmann. Stefan Ertl, Stephan Gruber, Bonita Haag, Helmut Kirchmair and Johann Schernberger were delegated to the Supervisory Board by the Works Council.

At the constituent meeting of the Supervisory Board following the Annual General Meeting, Patrick Lackenbucher was elected Chairman, Carlos de Almeida was elected First Deputy Chairman and Stefan Fida was elected Second Deputy Chairman of the Supervisory Board.

EIM (Environmental Impact Measuring), the leading global platform for measuring the environmental impact of garment finishing—trusted by the world's top brands and textile production centers—presents the "Innovations and Challenges in Denim Finishing: 2024 Report." This pioneering report provides an analysis based on accurate, objective data from over 115,000 denim finishing processes collected through the EIM platform, setting new benchmarks for sustainability in the industry.

The report reveals that 63% of the analyzed processes are already classified as low environmental impact, reflecting a positive shift toward more responsible practices. However, it also highlights critical challenges, such as the high use of hazardous chemicals (24% of processes), particularly pumice stones and potassium permanganate—practices that urgently require safer and more sustainable alternatives due to their negative effects on both the environment and worker health.

Progress in water consumption management is also considered, as this remains one of the key environmental challenges for the textile sector. The report shows that the current average water usage in denim finishing is 30 liters per garment—still above the recommended benchmark of 22.5 liters per garment. Effective strategies for reducing water consumption include optimizing rinsing processes, selecting fabrics that require less aggressive treatments, and implementing technologies such as ozone, e-flow, and smart foam systems.

Among the proposed improvements are also the adoption of advanced technologies to reduce chemical use and protect worker health, such as the strategic selection of ZDHC-certified chemicals and the automation and digitalization of manual processes.

Begoña García, creator of the EIM platform and co-author of the report, states: “For years, the textile industry has lacked reliable tools to measure its environmental impact, making data-driven decisions difficult. This report marks a crucial step toward transparency and continuous improvement, showing that technology is key to measuring and reducing environmental impact.”

The report aims to support informed decision-making based on verifiable data, positioning EIM as a global standard essential for transparency and ongoing sustainability improvements in the textile industry.
The full report is available for download and will be updated annually, serving as a vital tool for brands and suppliers to collaborate in reducing their environmental footprint and advancing toward a more responsible and sustainable production model.

Increasingly weaker demand from key sales markets over the course of 2024 is slowing SGL Carbon's sales and earnings growth. Group sales in 2024 amounted to €1,026.4 million, down slightly by 5.8% on the prior-year level (2023: €1,089.1 million). The group's adjusted EBITDA decreased by 3.3% to €162.9 million (2023: €168.4 million).

Despite the slight decline in sales, the adjusted EBITDA margin improved from 15.5 % in the previous year to 15.9 % in 2024. This is mainly due to positive price and product mix effects.

Declining demand from the key semiconductor and automotive markets, coupled with persistently unsatisfactory demand from the wind industry, led to a decrease in volume and sales in three of four business units. Only Process Technology was able to improve its sales and adjusted EBITDA.

Earnings performance in the past fiscal year was strongly affected by non-recurring items of minus €118.5 million (2006: minus €52.9 million). These mainly included the impairment of assets of the Carbon Fibers business unit totaling €91.2 million (previous year: €44.7 million) and expenses from restructuring measures in the Carbon Fibers and Battery Solutions business lines totaling €19.0 million. After deducting one-off effects and non-recurring items as well as depreciation and amortization of €58.7 million (2023: €58.9 million), EBIT amounted to minus €14.3 million in 2024 (2023: €56.6 million).

Taking into account the financial result of minus €32.6 million (2023: minus €34.2 million) and tax expenses of €32.5 million (2023: €19.3 million), SGL Carbon recorded a net loss of €80.3 million (2023: net profit of €41.0 million) despite the solid overall business performance.

In 2024, the Carbon Fibers (CF) business unit's sales continued to decline, decreasing by 6.7% to €209.8 million (2023: €224.9 million). The decline was due in particularly to the continued low demand from the wind industry and the increasing competitive headwind resulting from global overcapacity for textile and carbon fibers.

Adjusted EBITDA in the Carbon Fibers business unit decreased by €18.2 million year-on-year to minus €11.0 million (2023: €7.2 million). The lack of fixed cost absorption led to high idle capacity costs and combined with declining margins for our fiber products, had a negative impact on adjusted EBITDA. It should be noted that the Carbon Fibers business unit included the result of the equity accounted activities (mainly the joint venture Brembo SGL Carbon Ceramic Brakes, BSCCB) in the amount of €15.8 million (2023: €18.3 million). Excluding the contribution from the equity-accounted BSCCB, the adjusted EBITDA of Carbon Fibers would amount to minus €27.0 million (2023: minus €10.9 million).

In February 2025, as part of the review of all strategic options for the Carbon Fibers, a decision was made to extensively restructure the Carbon Fibers business unit, which also includes the closure of unprofitable business activities. A complete sale of the Carbon Fibers activities was reviewed and is currently not considered feasible.

In the reporting period, sales in the Composite Solutions (CS) business unit amounted to €124.6 million, down 19.0% (2023: €153.9 million). The decline was due in particular to the premature expiration of a significant project-related supply contract with an automotive customer.

As a result of lower volumes and product mix effects, CS's adjusted EBITDA decreased by €4.0 million or 18.0% year on year to €18.2 million (2023: €22.2 million). It should be noted that the adjusted EBITDA includes a compensation payment of €3.0 million for a prematurely terminated customer contract. The adjusted EBITDA margin remained almost constant at 14.6% compared to the previous year (2023: 14.4%).

Forecast
For the year 2025, SGL Carbon expects different but overall challenging developments in their key sales markets. For the semiconductor industry and in particular for silicon carbide-based semiconductors, the demand is expected to remain moderate. The main reasons are lower than originally forecast growth rates for electric vehicles and continued high inventories at our customers site. At the earliest, demand could pick up in the second half of 2025. The company also expects a high degree of uncertainty combined with lower momentum for the automotive market segment.

The forecast for the current fiscal year 2025 takes into account all four operating business units, as they are still in the early stages of restructuring our Carbon Fibers business. Based on their assumptions regarding the development of the key sales markets, the managers expect consolidated sales for fiscal year 2025, including all business units, to be slightly below the previous year (2024: €1,026.4 million).

Taking into account all four operating business units, an adjusted EBITDA in 2025 is expected to range between €130 million and €150 million. Furthermore, the assumption is that the free cash flow at the end of the 2025 financial year - excluding payments for the planned restructuring of the CF - will be below the previous year's level but still positive (2024: €38.7 million).

Restructuring Carbon Fibers
On February 18, 2025, the Board of Management of SGL Carbon announced a restructuring of the loss-making CF business unit. This includes a significant reduction of CF's business activities and a focus on a profitable core. SGL Carbon's group sales guidance for 2025 excluding the expected sales contribution from CF would be approximately €200 million lower. On the other hand, the adjusted EBITDA for the remaining businesses excluding the operating adjusted EBITDA of CF would be between 155 – 175 million €.

“In the coming months, our work will focus on restructuring the carbon Fibers business unit and safeguarding our profitability. This includes focusing on new sales opportunities to further utilize our production capacities and strict cost management. The major trends such as digitization, climate-friendly transportation and renewable energy sources remain intact and are the drivers for our key sales markets. SGL Carbon will benefit from these trends and the associated growth opportunities in the medium and long term,” explains Andreas Klein, CEO of SGL Carbon SE.

Ahead of the Annual Geneal Meeting of listed company Lenzing AG to be held on April 17, 2025, the Nomination Committee has revised the future composition of the Supervisory Board. Cord Prinzhorn, the current Supervisory Board Chairman is stepping down from the Supervisory Board with the end of his mandate, to focus on his existing and new engagements within B&C Group going forward.

Patrick Lackenbucher, Managing Director of B&C Group, has been nominated for election as a new member of the Supervisory Board, and is designated to take over the role of Chairman of the Supervisory Board on an interim basis. Mr. Lackenbucher has supported the company throughout various key strategic and financial projects over the past 15 years.

Designated Supervisory Board Chairman Patrick Lackenbucher sees the company well positioned for the future: “Both long-term core shareholders, B&C and Suzano, have a strong commitment to the enhancement of Lenzing’s competitiveness as a global market leader in sustainable cellulosic fibers. The company is addressing the continued competitive market environment with a holistic set of measures, that are already yielding positive results and will be pursued further consequently. Profitability is vital for Lenzing to sustain in the face of global competition over the long-term and to further invest in new products and markets. I am looking forward to working together collaboratively with the entire Lenzing Managing Board and Supervisory Board.”

Rohit Aggarwal, CEO of Lenzing AG comments: “Cord Prinzhorn has accompanied Lenzing with great confidence through the difficult environment over the past years and has played a key role in initiating revenue and cost initiatives, which have shown first positive effects in recent quarters leading to revenue, margin and cash flow enhancement for the company. On behalf of the entire Managing Board, I would like to thank him for the excellent collaboration, and I look forward to our future collaboration with the designated Chairman Patrick Lackenbucher, who brings many years of experience and extensive knowledge with Lenzing to the table.”

Besides Patrick Lackenbucher, Leonardo Grimaldi is proposed to be newly elected to the Supervisory Board. Mr. Grimaldi is Executive Vice President and Management Board member of Lenzing’s core shareholder Suzano S/A and will assume the Supervisory Bord mandate from Marcelo Bacci, who has left Suzano. He is an expert in the global pulp market and, among others, also acts as Supervisory Board Chairman at Brazilian port operator Portocel as well as a Supervisory Board member at Veracel Celulose S/A.

Cord Prinzhorn comments: “After four years on the Supervisory Board of Lenzing AG, my current mandate is coming to an end, and I will now concentrate on other existing and new engagements going forward. During my time as Supervisory Board Chairman we have managed to successfully complete important strategic investment projects in Brazil, Thailand and China, to reduce costs as well as financial debt, and at the same time to expand Lenzing’s position in this challenging market environment. I would like to thank not only the members of the Supervisory Board and the Managing Board but also, and above all, the employees of Lenzing, who have made a significant contribution to the success of these strategic projects.”

Cord Prinzhorn will remain Supervisory Board Chairman until the conclusion of the 81st Annual General Meeting on April 17, 2025. The election of Patrick Lackenbucher as Supervisory Board Chairman is planned for the constituting Supervisory Board meeting on the same day directly after the Annual General Meeting.

Fashion for Good and The Microfibre Consortium launch 'Behind the Break: Exploring Fibre Fragmentation,' a study investigating the key drivers of fibre fragmentation. The research aims to challenge root causes and assumptions, address data gaps, and validate test methods. Tackling the issue at the source, this project is c reated to advance the industry knowledge needed to mitigate fibre fragment pollution.  
 
The project brings together major fashion brands and manufacturers including adidas, Bestseller, C&A, Inditex, Kering, Levi Strauss & Co., Norrona, ON, Paradise Textiles, and Positive Materials, with Under Armour joining as a project partner. Testing will be conducted across three laboratories - Paradise Textiles, Under Armour, and IMPACT+ Network from Northumbria University - to analyse fibre fragmentation in cotton knit, cotton woven, and polyester knit fabrics.  

BEHIND THE BREAK: Data required to understand root causes of fragmentation  
Fibre fragmentation is a significant topic of concern across the industry, with studies highlighting the potential threat to ecosystems and human health. This underscores the urgent need for the development of effective strategies aimed at mitigating the negative impact of fibre fragments.  
 
In recent years, several domestic and industrial mitigation efforts have been developed to capture fibre fragments before they enter air, water, and soil. However, the focus lies in reducing fibre fragments from entering the environment downstream, rather than tackling the problem at the source.

It is pivotal for the industry to better understand the root causes and mechanisms of fibre fragmentation. Therefore, under this initiative, Fashion for Good and The Microfibre Consortium are launching:  

• A new report, which aims to offer a snapshot of the issue of fibre fragmentation through the lens of the textile and fashion industry, unpacking various aspects of this complex issue (definition, sources and pathways, root causes, analytical test methods, solution portfolio, biodegradation, toxicity and regulation).  
• “Behind the Break: Exploring Fibre Fragmentation” project, identifying root causes of fibre fragmentation within manufacturing processes (such as different dye methods) and how these influence fibre fragmentation. It will focus on three different fabric types - cotton knit, cotton woven and polyester knit. The project includes various testing methods, leveraging the expertise of project partners Under Armour, Impact+ and Paradise Textiles. You can learn more about the testing details here.

"Fibre pollution is a challenge that the industry faces as a whole, so we are partnering with The Microfibre Consortium to contribute to the foundation of data that will help us better understand the root causes of fibre fragmentation. The focus on different testing methods will allow us to reduce uncertainty, take a common direction and set priorities for future research and initiatives within the industry.” Katrin Ley, Managing Director at Fashion for Good.  

This initiative aims to identify the most effective approaches to tackling fibre fragmentation at the source through the following insights:  

• Enhancing Test Methods: Validate and refine testing techniques to ensure accuracy, reliability, and alignment with industry standards.
• Strengthening Data Correlation: Compare results across methods to identify variations, uncover discrepancies, and establish clearer data connections.
• Driving Improvements: Address limitations in current methods, expand databases, and support better design and supply chain practices.
• Supporting Stakeholders: Equip partners and industry players with practical strategies to reduce fragmentation through improved design and manufacturing.
• Informing Policy: Provide valuable insights into contamination and fibre structures to shape effective regulations and policies.

To read the report and learn more about the project click here.
“Partnering with Fashion For Good has helped to unite the project partners behind the ongoing need for alignment on closing fibre fragmentation knowledge gaps. With this rallied support, we can build on the existing state of knowledge and make great strides in addressing urgent topic challenges for a future of informed, science-led and integrated mitigation action.” Kelly Sheridan, CEO at The Microfibre Consortium.
 
“By conducting this study, we are taking a proactive approach to addressing microfibre release. Our goal is to leverage data-driven insights to improve our processes, product design, and sourcing practices, thereby contributing to a less polluting industry. Collaboration across stakeholders is crucial to accelerating our progress toward a more sustainable future.” Lucie Anne Martinol, Textile Innovation Lead at ON.  
 
“At Paradise Textiles, we recognise that the future of the fashion and textile industry hinges on our ability to address challenges like fibre fragmentation head-on. By partnering with Fashion for Good and The Microfibre Consortium, we're bringing collective insights together to validate theories on the root causes of fibre fragmentation. Our objective is to identify processes and strategies that mitigate fibre pollution through informed textile design and manufacturing processes. We're excited about continuing this critical work and pioneering innovative technologies that can reshape the industry for the better.” Lewis Shuler, Head of Innovation at Alpine Group/Paradise Textiles
 
“Positive Materials believes that reducing fibre fragmentation requires innovation at every stage. Our partnership with Fashion for Good and The Microfibre Consortium on Behind the Break is critical because we're not just aiming to reduce shedding; we're making sure our materials maintain the high standards our customers depend on. It’s about finding that balance where environmental responsibility drives innovation, not compromises it.” Elsa Parente, Co-CEO & CTO of Positive Materials

At CHF 725.5 million, order intake was significantly higher than in the same period of the previous year (2023: CHF 541.8 million), representing an increase of 34%. This was the fourth consecutive quarter of year-on-year growth. As expected, the Rieter Group ended financial year 2024 with lower sales than in the previous year. According to preliminary, unaudited figures, total sales amounted to CHF 859.1 million, which is around 39% down on the previous year (2023: CHF 1 418.6 million). For the full year 2024, Rieter expects an EBIT margin in the upper half of the guidance range of 2% to 4% communicated in October 2024 (2023: 7.2%).

Order intake
Order intake in 2024 was 34% higher than in the previous year at CHF 725.5 million (2023: CHF 541.8 million). Rieter thus succeeded in strengthening its competitive position in a challenging market environment. Compared with the previous year, there were signs of an initial market recovery.

Sales by division
The Machines & Systems Division posted sales of CHF 424.9 million, a decrease of 56% compared with the previous year (2023: CHF 965.0 million). In the Components Division, sales declined to CHF 247.6 million, down 7% from the same period of the previous year (2023: CHF 266.2 million). The After Sales Division reported sales of CHF 186.6 million, comparable to the previous year (2023: CHF 187.4 million).

Order backlog
At the end of 2024, the company had an order backlog of about CHF 530 million (December 31, 2023: CHF 650 million).

EBIT margin
Rieter successfully implemented the measures of the “Next Level” performance program. Despite significantly lower sales, a solid EBIT margin is expected in the upper half of the 2% to 4% guidance range, as communicated in October 2024.