Hilti reports growth in all market regions

News
May 20, 2015

May 20, 2015

Hilti Group, headquartered in Schaan, Liechtenstein, has reported that sales in the first four months of 2015 were up by 4.5% in local currencies. However, following the significant appreciation of the Swiss currency since mid-January, overall sales in Swiss Francs amounted to CHF 1,399 million, which corresponds to a 2.3% percent reduction compared to the corresponding period of the previous year.

Expressed in local currencies, sales continued to climb in all market regions. In Europe, sales grew by 2.2%, with main contributions coming from Northern European markets and parts of Southern Europe. Fueled by the sustainable upward trend of the US construction sector, North America posted strong growth (+6.3%). In Asia / Pacific, sales were up 4.9%. Despite the continued severe difficulties in Russia, the Group managed to increase sales in Eastern Europe / Middle East / Africa by 11%. Sales in Latin America grew by 6.4%.

“We are pleased to see that all our regions continued to steer a growth course and by doing so helped offset part of the negative exchange rate effect for the Group as a whole,” stated CEO Christoph Loos when commenting on the sales figures of the first four months of 2015.

“For the time being, nothing seems to indicate any significant change in terms of exchange rates and the global market situation. Hence, we continue to expect solid single-digit growth in local currencies and slightly negative sales figures in Swiss Francs.”

www.hilti.com   

News
May 20, 2015

In the latest issue of PM Review…

Download PDF

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

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

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