Hilti achieves growth amid a difficult environment

Schaan (FL), 13-2-2013 — /europawire.eu/ — The Hilti Group increased sales by 4.4 percent in local currencies in the 2012 business year. Sales rose 5.2 percent year-on-year, to CHF 4204 million, in terms of Swiss francs.

Although important Hilti markets remained mired in a difficult economic situation the Hilti Group stayed on a course of growth in 2012. The 5.2 percent increase in sales corresponded to the mid-single-digit expectations.

In terms of Hilti’s sales regions the picture is largely unchanged. While sales increased in Central and Northern Europe the trend in Southern Europe remained negative. Overall, sales in Europe declined by 1.9 percent in local currencies. The weakness in Europe was compensated for by improvement in the other regions: Latin America continued to show strong growth (+32.4%); sales rose significantly in North America, advancing 13.4 percent. Sales figures in the Eastern Europe / Middle East / Africa and Asia/Pacific regions also grew substantially, rising 8.9 and 9.5 percent respectively.

“We achieved good results in light of a market environment that failed to improve,” said a satisfied Hilti CEO Bo Risberg. “Compared to the previous year the growth rates eased somewhat as the year progressed. This was due both to the ongoing negative trend in Europe and to the higher sales levels prevalent over the second half of 2011.”

2012 sales growth compared to the previous year

The Hilti Group supplies the worldwide construction industry with technologically leading products, systems and services that provide construction professionals with innovative solutions and superior added value.
The Group employs some 22,000 persons in over 120 countries who passionately create enthusiastic customers and build a better future. Hilti generated annual sales of CHF 4.2 billion in 2012. Hilti’s corporate culture is based on integrity, teamwork, commitment and the courage to embrace change. The headquarters of the Hilti Group are located in Schaan, Principality of Liechtenstein.

Hilti Corporation
Corporate Communications
9494 Schaan
Liechtenstein
1 I 2 Feldkircherstrasse 100 I P.O. Box 333
T +423-234 4949 I F +423-234 8949
E media@hilti.com – www.hilti.com