Hilti Group reports 1.5% growth in sales
Published 26/2 at 16:01In 2024, the Hilti Group increased sales by 1.5% in local currencies compared to the previous year. “In a negative market environment, we saw slight growth in local currencies. In addition, we made good progress in implementing our strategic priorities in 2024 and invested significantly into our future,” explains CEO Jahangir Doongaji.
In 2024, high interest rates further softened the global construction market, especially in Europe, where the Hilti Group’s sales declined by 0.2% in local currencies. In the Americas growth was at 2.2%, with a double digit increase in Latin America. Sales in Asia/Pacific grew by 4.7%, with the region benefiting from positive developments in North Asia. In the Eastern Europe / Middle East / Africa region sales grew 5.9%, with strong contributions from the Middle East countries.
The continued appreciation of the Swiss franc, against the major currencies, led to a negative currency effect of -2.9% on sales in the full-year comparison. For 2025, the Hilti Group expects a similar market environment and comparable sales growth in local currencies.
