21st Jan, 2015
Hilti Group has reported a successful 2014 with figures showing a 7.5% rise in sales over the previous year (in local currencies). When expressed in Swiss Francs, sales for the group increased 3.6% in the period, resulting in total sales of CHF 4,497 million (US$ 5.2 billion) in 2014.
Overall, the economic environment developed favourably for the Hilti Group in 2014, albeit with substantial regional differences, stated the company. Growth of the construction sector was positive in Northern and Central Europe, the Middle East, North America and in some Asian countries while markets in Southern Europe and parts of Eastern Europe and Latin America were facing difficulties. In addition, the group continued to be subject to negative exchange rate impacts, in particular in Russia, Eastern Europe, Latin America and Japan. (…)
