Hilti reports 2019 sales growth despite challenging environment

Companies & MarketsNews
January 24, 2020

January 24, 2020

The Hilti Group, headquartered in Schaan, Liechtenstein, reports that it saw sales grow 4.3% during the full business year 2019, to CHF 5.9 billion (€5.5 billion). In local currencies, the growth was reported to equate to a 6.3% against the previous year.

Hilti reported that it achieved an increase of 6.9% in local currencies in the European business region, despite Brexit uncertainties and a substantial downturn in the construction economy in Scandinavia.

Outside Europe, Hilti saw business in North America continue to develop positively, advancing 7.3%. Significant growth was also achieved in Latin America, up 8.5% on the previous year, with the recovery of Brazil’s economy contributing significantly to growth.

In the Asia-Pacific region, the company reported  growth of 4.3%, said to have been slowed by difficult environments in Hong Kong and South Korea. In Eastern Europe, the Middle East and Africa, sales achieved 3.7% growth, driven by Russia and the Eastern European market, while sales in the Gulf States and Turkey reportedly remained difficult due to political uncertainties.

“2019 was another successful year for us with exclusively organic growth,” stated Christoph Loos, Hilti CEO. “The economic environment has become more volatile while global construction growth has noticeably slowed. Additionally, currencies largely displayed depreciation tendencies against the Swiss franc. Against this background we’re satisfied with our growth level and are pleased that we gained additional market share.”


Companies & MarketsNews
January 24, 2020

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link