Hilti reports profit increase

September 30, 2014

Hilti Group, headquartered in Schaan, Liechtenstein, has reported sales growth of 7.8% (in local currencies) during the first eight months of its current business year. Despite continued negative exchange rate effects, the Group has posted an increase in both its operating result (+23.8%) and net income (+34.3%).

Compared to the corresponding period of the previous year, sales in Swiss Francs grew by 3% to CHF 2945 million (approximately €2442 million). The difference in sales growth expressed in local currencies reflects the continued negative exchange rate effects, in particular in the emerging markets, stated Hilti.

“We are still operating in a very heterogeneous and volatile economic environment and the challenging exchange rate situation, particularly in emerging markets, continues to negatively impact our results,” stated Christoph Loos, CEO. “Against this backdrop we are pleased with our development and take important investments to prepare for future growth.”

The most dynamic sales increase was recorded in Latin America where sales have grown by 17.3% (in local currencies). Double-digit growth rates were also achieved in Eastern Europe / Middle East / Africa (+14.5%) and Asia/Pacific (+11.8%). In North America, sales were up 7.3% year-on-year. Europe has also posted single-digit sales growth (+4.7%).

The Hilti Group continued to expand its investments. Research and development expenditure grew by 16.3% (CHF 143 million), while employees increased from 21,225 to 21,947 (+3.4%).

www.hilti.com 


Powder Metallurgy Review magazine:

Your email address:


Useful links: Download PM Review magazine | News headlines | Browse articles 


Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

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

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

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

From the industry…

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
Download PDF
Share via
Copy link