From the Sector

• Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups
• Comprehensive crisis management implemented
• Loss in the mid double-digit million range expected in the first half of 2020
• Plans to introduce short-time working to adjust capacity in Switzerland and Germany
• Strategy will continue to be implemented

Due to COVID-19, a large number of spinning mills have stopped production worldwide. Since the end of March 2020, this has led to low demand for spare parts and wear & tear parts and delays in testing programs during the development of new machines. Customers are postponing investment projects or unable to implement them due to restrictions imposed by national governments. This results in low demand for new machines.

Comprehensive crisis management
Rieter has implemented comprehensive crisis management. Priorities are being given to protecting employees, fulfilling customer commitments and ensuring liquidity. The necessary measures to protect employees have been implemented worldwide.
The order backlog of well in excess of CHF 500 million is being processed largely according to plan, despite the existing bottlenecks in the supply chains. Less than 5% of the orders in the order backlog have been canceled.
Rieter has already implemented measures to ensure liquidity and reduce costs. The company has good net liquidity and undrawn credit lines in the mid three-digit million range.
Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level.

Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level. The effects of COVID-19 will place an additional burden on the first half of 2020. Rieter therefore expects sales in the first half of 2020 to be less than CHF 300 million. Despite the countermeasures implemented at the net profit level, this will lead to a loss in the mid double-digit million range.

Plans to introduce short-time working to adjust capacity
Rieter plans to apply for short-time working for the areas with forecasted low capacity utilization at the locations in Switzerland and Germany. The application will be for 40% short-time working in the third quarter of 2020. Talks with staff representatives will begin next week.
As a sign of solidarity, Rieter’s Board of Directors, Group Executive Committee and the senior management will waive 10%-20% of their salaries temporarily.

Implementation of the strategy
In recent years, Rieter has consistently implemented the strategy based on innovation leadership, strengthening the business in components, spare parts and services and the adjustment of cost structures. The company intends to forge ahead with the implementation of the strategy in the coming months, thus strengthening its market position for the time after the COVID-19 pandemic.
The next information on the course of business is planned with the publication of the half-year results on July 16, 2020
 

Protective masks for Europe
With FleeceforEurope and Lindenpartner, Düsseldorf-based Kloepfel Group purchasing consultancy and Berlin-based industrial consultancy Bechinger & Heymann Holding plan to manufacture and distribute up to 50 million protection class FFP1 through FFP3 respiratory masks a month exclusively for the European market from the beginning of fall. And the primary focus will be on quality.
With protective masks – including those used in operating rooms – this quality is provided above all by  virus-absorbing nonwovens. And these will be manufactured by ‘FleeceforEurope’ using an Oerlikon Nonwoven meltblown system.
But masks effectively protecting against infections can only be guaranteed with the right quality. A crucial factor in this is the inside of the mask. Because the nonwoven used in protection class FFP1 through FFP3 respiratory masks plays a decisive role.
Here, the meltblown technology from Oerlikon Nonwoven will be deployed. In a special, patented process, the fibers laid into a nonwoven fabric during manufacture are subsequently electrostatically-charged, before the material is further processed downstream.

European market for protective masks with a promising future
Those responsible at Oerlikon Nonwoven and FleeceforEurope, which will primarily focus on producing high-end nonwovens, and Lindenpartner, which will manufacture and distribute the protective masks, are certain of one thing: the market for protective masks has a very promising long-term future in Europe.
What has been commonplace in Asia for many years now will also become normal in Europe. People will be increasingly wearing face masks when venturing out, in order to better protect themselves against health risks such as the current pandemic and also against increasing environmental pollution in the form of  fine particles and exhaust fumes in the future. A

Medical face masks from a vending machine
Mask producer Lindenpartner has already secured supplies of nonwovens and will be producing face masks for the European healthcare sector over the coming weeks. To fight the coronavirus pandemic, Lindenpartner is planning to install 100 self-service face mask vending machines in Germany over the next four weeks, positioning them in publicly-accessible places such as shopping centers and airports, for example.

The corona pandemic continues to put a strain on health systems around the globe. Many places lack effective textile protective kit among others for their medical personnel. HeiQ, a Swiss specialty chemicals company, has developed antiviral and antibacterial protective kit that is quickly effective against Coronaviruses (229E), as confirmed in wide-ranging studies. In cooperation with HeiQ, the CHT Group is supplying this technology to the market to help decrease the global shortage in protective wear.

A wide number of studies have proven that viruses and bacteria can remain active on textile surfaces for a longer period. The SARS-COV-2 virus, which causes the COVID-19 disease, can stay active on a textile for up to two days and therefore be infectious. Shortages in textile protective kit create a high risk for medical personnel who are in contact with COVID-19 patients: often, doctors and nurses cannot change their protective masks and clothing as frequently as would be necessary in order to adhere to hygiene rules and to prevent the spreading of the virus.

The HeiQ Viroblock NPJ03 that has been developed by HeiQ is a new technology that is also effective against Coronaviruses (229E) thanks to its antibacterial and antiviral properties. Comprehensive studies have demonstrated the kit‘s effectiveness. A combination of silver salts with a vesicle technology deactivates bacteria and viruses on textile surfaces within a few minutes and renders the bacteria and viruses harmless. Textiles equipped in this way reduce the rate of infection by 99.99%, which stops the transmission and the spread of bacteria and viruses through textiles.

Viroblock can be used on all types of fibers – not only for protective kit and masks, but also for work clothing, bed linen, towels and home textiles. The kit is wash-resistant and still highly effective after 30 standard wash processes.

• C-star Shanghai vom 02. bis 04. September 2020: Hoher Zuspruch von Ausstellerseite
• BMWI fördert erneut Teilnahme deutscher Unternehmen
• Premiere: EuroShop Retail Design Award China

Der jüngstes Weltwirtschaftsausblick des Internationalen Währungsfonds (IWF) prognostiziert angesichts der aktuellen Coronakrise für das globale Wachstum im Jahr 2020 voraussichtlich einen Rückgang um 3 Prozent, in der EU sogar um rund 7 Prozent. Nicht so für China, wo trotz Covid-19  ein positives Wirtschaftswachstum liegt von 1 Prozent erwartet wird.

Chinas Einzelhandel gewinnt bereits wieder an Vitalität. Laut einer aktuellen Umfrage des chinesischen Handelsverbandes für allgemeine Waren (CCAGM) haben bis zum 13. April 96 Prozent der befragten Unternehmen ihre normale Arbeit wieder aufgenommen, und 46 Prozent von ihnen haben 60-70 Prozent ihrer normalen Verkäufe wieder erreicht. Mehrere chinesische Städte starteten bereits Anfang März Gutschein-Kampagnen, um die Kauflust zu steigern und so den Konsum anzukurbeln. Bemerkenswert ist, dass die Erholung der Einzelhandelsumsätze deutlich schneller als die des Personenverkehrs verläuft.

Diese positive Entwicklung  spiegelt auch die C-star, Shanghai' s International Trade Fair for Solutions and Trends all about Retail, wider, die vom 02. bis 04. September 2020 im Shanghai New International Expo Centre stattfindet. Bis jetzt sind schon 95 Prozent der Stände belegt. Die C-star umfasst folgende fünf Dimensionen: Shopfittings & Shop Furnishings, Store Design & Visual Merchandising, Smart Retail Technology, Lighting, Catering und Hospitality Equipment & Refrigeration Systems. Es wird mit 200 Ausstellern gerechnet, die maßgeschneiderte Lösungen und Produkte speziell für den Handel präsentieren werden. Namhafte Unternehmen wie Futuristic, Changhong, Longsun, Yongcheng, Epson, Shangyoung, Sunmi, Cloud Pick, Lvsunny, Self, Candex, Ganter oder Xovis sind mit an Bord. Spezialisierte Dienstleister, wie Xovis, Koscar, Sunmi, Cloud Pick, DB Scale, Keewin, T-Scale, Kiton, TSD, Adelante und CCL Tech,  konzentrieren sich auf hochmoderne intelligente Einzelhandelstechnologie, um dem Handel innovative Lösungen für die Online- und Offline-Integration anzubieten.

Das Bundeswirtschaftsministerium (BMWi) wird sich auf der C-star erneut mit einem offiziellen deutschen Pavillon beteiligen. Aufgrund der derzeitigen Corona-Situation bietet das BMWi den beteiligten Unternehmen flexiblere Konditionen, d.h. zum Beispiel, wenn es zu Einreisebeschränkungen für Reisende aus Deutschland kommen sollte oder zu einer Verschiebung der Messe, können Aussteller kostenlos zurücktreten. Auch die Anmeldefrist wurde verlängert und zwar bis zum 05. Juni 2020. Interessierte deutsche Unternehmen können sich beim BMWi an Frau Ute AWynhoff wenden: wynhoffu@messe-duesseldorf.de.

Premiere auf der C-star 2020 feiert der EuroShop Retail Design Award China (ERDA China). Das große Vorbild, der EuroShop Retail Design Award wird seit 2008 von der Messe Düsseldorf und dem EHI Retail Institute verliehen, um die weltweit besten Ladenkonzepte auszuzeichnen. Da die chinesische Einzelhandelsbranche gerade in den letzten Jahren ganz eigene chinesische Charakteristika und Designs ausgebildet hat, rufen Messe und EHI nun einen eigenen Award   ins Leben, der die einzigartigen Bedürfnisse der chinesischen Einzelhandelsbranche berücksichtigt. In der Jury sind sowohl internationale als auch nationale Experten vertreten.

Fachbesucher können sich bereits jetzt für die C-star 2020 online registrieren: http://www.c-star-expo.com/en/

Energiapura – Production of reusable, customised protective masks that are also fashion accessories

• The Italian company, a specialist manufacturer of functional sportswear, conducted research and began producing masks in response to the COVID-19 crisis
• Using Mimaki sublimation printers, the masks can be customised, getting away from their connotation with hospitals and transforming them into a fashion accessory

From functional sportswear to combatting the spread of the Coronavirus: Energiapura, an Italian company has developed a mask that meets the Class I medical device requirements. The EP PA 2020 (Energiapura Pure Air) facial device, optimised for air filtering and breathability, provides protection while working, and can be reused. But Energiapura has gone even further, branding and customising the masks with sublimation printing.
The EP PA 2020 mask, compliant with 93/42 EEC Medical Devices – Class I washable, meets the essential requirements of UNI EN 14683:2019. Having redirected the manufacturing process, Energiapura is now stepping up production levels to meet the rising demand from hospitals, pharmacies, chemists, companies and consumers.

Pure Air, Energiapura’s mask
The EP PA 2020 is based on a functional concept: protection, breathability and reusability are the main principles. EP PA 2020 is made up of three layers of fabric: the first, the outer layer, is DWR-treated polyester, the second is TNT polyester, providing a filtering function, and the third, which comes into contact with the face, is polyester containing special fibres, such as coolmax and carbon.  Therefore it can be reused via normal washing and steam ironing, which also sterilises it.
The CEO of Enegiapura, Alberto Olivietto explains the idea of the customisation of the mask: “We wanted to disassociate our masks from the hospital image. By decorating them with company branding and designs provided by customers.” This is where the Mimaki JV300 wide-format printer comes in.

The Perlon®-Group is supporting the procurement measures of the volunteer fire service in the Darmstadt-Dieburg district by donating 2400 KN 95 protective masks. This protective equipment will be put to good use by the force covering 23 towns and communities in the area.

The masks offer protection for fire brigade personnel and ensure that the firemen and women can carry out their duties safely and that they also protect the inhabitants in the district and everybody else in the area who may be involved in a rescue, from a potential contamination of the Corona virus.

In Zeiten der Corona-Pandemie, die branchenübergreifen Probleme schafft und gibt es für die Modeindustrie in der Öffnung des stationären Handels nun wieder einen ersten Hoffnungsschimmer.

Dies ist der Anlass, sich auf die kommende Saison mit dem Magazin „Tailor Made & Casual Inspired Meets Sporty Elegance“ einzustimmen.
Zu Herbst/Winter 2020 präsentiert EDUARD DRESSLER eine Kollektion, die wiederkehrende Akzente sportiver Eleganz gekonnt in Szene setzt. Leichtigkeit, Unspürbarkeit und Komfort stehen dabei im Mittelpunkt und werden mit Stretch, Bi-Stretch und Natural-Stretch-Qualitäten umgesetzt.
Farbnuancen in Curcuma, Fir Green, Mustard und Napoli Blue kombiniert mit mutigen und zugleich authentischen Dessins verleihen den Outfits einen sportiven und zugleich stilvollen Auftritt.

• All motions approved
• Dividend of CHF 4.50 agreed
• COVID-19

In relation to participation in the Annual General Meeting on April 16, 2020, the Board of Directors of Rieter Holding Ltd. arranged exclusively written or electronic voting and the granting of power of attorney to the independent proxy. In taking this approach, the Board of Directors relied on Article 6a, lit. b of Ordinance 2 of the Swiss Federal Council (Measures to Combat the Coronavirus of March 16, 2020). Physical participation by the shareholders was therefore not possible. The Annual General Meeting was held on the premises of Rieter Holding Ltd. at the company’s headquarters in Winterthur.

At the Annual General Meeting of Rieter Holding Ltd. on April 16, 2020, the independent proxy represented a total of 2 025 shareholders who hold 64.3% of the share capital.

A dividend of CHF 4.50 per share was agreed. The shareholders approved the proposed maximum total amounts of the remuneration of the members of the Board of Directors and of the Group Executive Committee for fiscal year 2021.

The Chairman of the Board, Bernhard Jucker, and the members of the Board of Directors This E. Schneider, Michael Pieper, Hans-Peter Schwald, Peter Spuhler, Roger Baillod, Carl Illi and Luc Tack were confirmed for an additional one-year term of office.
Furthermore, This E. Schneider, Hans-Peter Schwald and Bernhard Jucker, the members of the Remuneration Committee who were standing for election, were also each re-elected for a one-year term of office.

Shareholders also adopted all other motions proposed by the Board of Directors, namely approval of the annual report, the financial statements and the consolidated financial statements for 2019, and formal approval of the actions of the members of the Board of Directors and those of the Group Executive Committee in the year under review. In addition, the authorized capital was extended for a further two years.

COVID-19
At present, it is not possible to predict how the global COVID-19 pandemic will affect Rieter’s sales and earnings in the first and second half of 2020, and thus also for 2020 as a whole.

Rieter therefore refrains from providing an outlook for financial year 2020 and will issue the relevant information as part of the semi-annual report on July 16, 2020.
The company has taken the necessary measures to protect employees and to meet commitments to customers as far as possible.

Thanks to long-standing customer relationships, a focus on innovation, global positioning and the company’s financial stability, Rieter will successfully overcome the challenges.

Tests conducted by independent laboratories have now confirmed that a treatment with Sanitized® T 99-19 and Sanitized® T 11-15 reduces the viral load on PES textiles by up to 99 %.

Swiss company SANITIZED AG celebrates validation from impartial labs that Sanitized®T 99-19 and Sanitized®T 11-15 are also effective against viruses (in accordance with ISO 18184:2019).
Tests were performed using a feline coronavirus with structures and mechanisms reminiscent of SARS-Cov2.

Patented technology featuring an ammonium silicate compound is employed in Sanitized®T 99-19 and Sanitized®T 11-15 utilizes tried and tested silver technology. These additives are the perfect tool for an antiviral and antibacterial treatment of face masks, protective professional medical clothing, bed linens, or mattresses.
The formulation of both products remains completely untouched, thus ensuring that it will continue to offer outstanding protection against bacteria.

Before a final product’s antiviral properties can be publicly promoted, viral tests must be performed in specialized laboratories. Compliance with local legal regulations is essential here. SANITIZED AG explicitly points out that this is standard procedure and has composed a preliminary Guide for Treating PPE

SANITIZED AG has been supporting the work of hygienists in hospitals, doctor’s offices, nursing and care facilities for many years with its antimicrobial - and now also antiviral - additives used to enhance the
functionality of textiles and polymers. The reduction of bacteria and viruses is a feasible way to help stem the spread of infections including MRSA.

Das französische Familienunternehmen Chantelle stellt den Betrieb auf die Herstellung von Textilmasken für den nicht-medizinischen Gebrauch um. Damit ist das Unternehmen Teil des Ausschusses für Mode- und Luxusgüterstrategie (CSF), das vom französischen Wirtschaftsministerium dazu ernannt wurde, das Land durch sein Textil-Know-How in der Produktion von dringend benötigten Mund- und Nasenmasken zu unterstützen.

Die Masken sind sowohl für Fachleute, die im Kontakt mit der Öffentlichkeit stehen, als auch für die Gesamtbevölkerung Frankreichs gedacht. Sie filtern mehr als 90% der Partikel von drei Mikrometer und bieten eine Atmungsaktivität von mehr als 96 Prozent. Die Masken werden aus Textil gefertigt, sind bei 60 Grad waschbar und damit wiederverwendbar.

Durch die Maskenproduktion kann die Belegschaft in den Werken in Thailand, Vietnam und Tunesien unterstützt und weiterhin beschäftigt werden. Für die Herstellung werden Oeko-Tex Standard 100-zertifizierte Textilmaterialien unter strengen hygienischen Bedingungen verwendet (Zusammensetzung: Außenmaterial in Kontakt mit der Haut aus 100% Baumwolle, Zwischenmaterial: 100% Polyamid, elastische Bänder: 52% Polyamid und 48% Elasthan).

Derzeit stellt Chantelle in seinen Fabriken wöchentlich 500.000 Masken her. Diese werden lokal zur Verfügung gestellt und an Hilfsorganisationen gespendet sowie zum Selbstkostenpreis an Unternehmen gegeben, die für die französische Wirtschaft von wesentlicher Bedeutung sind. Darüber hinaus wird ein weiterer Teil der Masken im Handel angeboten.

Künftig möchte das Familienunternehmen seine Produktionskapazität auch für den Mangel an Mund- und Nasenmasken in Deutschland nutzen. Bevor die Produktion dementsprechend ausgebaut werden könne, müsse vorab mit der deutschen Regierung abgestimmt werden, ob die Klassifizierungen für Mund- und Nasenmasken, die in Frankreich gelten, auch in Deutschland zulässig seien.