Hilti Achieves Double-Digit Sales Growth
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The Hilti Group closed 2018 with sales growth of 10.7 percent to CHF 5.6 billion. Without acquisition effects, sales increased 9.7 percent.
In Europe, Hilti achieved strong sales growth of 10.6 percent in local currencies. The only exception here was in the United Kingdom, where Brexit is creating uncertainties in the construction industry. North America again saw double-digit sales growth (+10.4%), while Latin America continued its upward swing with an increase of 8.6 percent. In Asia Pacific, sales grew 7.0 percent. In spite of the challenges in countries like Turkey, Russia and Saudi Arabia, the region Eastern Europe / Middle East / Africa grew sales by 9.3 percent.