Press releases

Strong recovery of global machinery market generates increased revenue in HY21, Tessenderlo Group in line with expectations.

In reference to the press release issued by Rieter Holding AG (SWX: RIEN) on Monday, August 16, 2021, Picanol Group (Picanol nv) would like to respond as follows:

Picanol Group: 2020 results in line with expectations, thanks to an improved second half year in the global machinery market and the expected performance of Tessenderlo Group

The strong performance of the various Tessenderlo Group segments outweighs the negative impact of COVID-19 on the global machine market

Picanol Group: 2019 results in line with expectations