Hilti breaks 5 billion sales mark
Schaan (FL), January 22, 2018 – In 2017, the Hilti Group continued to grow throughout all business regions with sales increasing significantly to CHF 5.1 billion. Year-on-year, sales were up +10.8 percent in Swiss Francs and +9.6 percent in local currencies.
“We owe this milestone to our global team that is working with consistency and dedication to implement the objectives of our corporate strategy. Once again, we have launched more than 60 new products, extended our portfolio significantly and strengthened our global sales team. With this solid foundation firmly in place, we managed to make even better use of last year’s favorable market conditions. It is our intention to maintain this momentum,” says CEO Christoph Loos expressing his confidence for 2018.
The performance of the business regions reflects the broad-based growth of the company. With all markets in good condition, Europe was up +9.7 percent in local currencies. Growing at +8.5 percent, North America has taken yet another significant step ahead. In Latin America (+9.7%), the upward trend strengthened further although the economy as a whole continues to stabilize at a slow place. In Asia/Pacific, the Hilti Group maintains its growth trajectory, with sales up +5.3 percent. The dynamic performance of the Eastern Europe / Middle East / Africa region (+17.4%) is particularly noteworthy, with Russia leading the way by reporting yet another set of strong growth figures.