Hilti Group Remains on Course– North American Grew By 7.3% in 2019
The Hilti Group increased sales by 4.3 percent in 2019 to CHF 5.9 billion amid a challenging economic and currency environment. In local currencies growth amounted to 6.3 percent. The operating result rose by 7.4 percent to CHF 783 million despite substantial ongoing investments.
“Against the backdrop of noticeable economic slowdown and negative currency influences we achieved solid growth that was substantially greater than what was seen in the worldwide construction market. Our profitability continues at a high level even though we made significant investments in implementing our corporate strategy and in strengthening the future sustainability of the Group,” said Hilti CEO Christoph Loos in explaining the 2019 annual results.