In the first four months of 2018, the Hilti Group grew sales by 16% to CHF 1.818 billion. In local currencies, the company’s sales increased 13% over the same period last year.
The successful start into the current financial year is based on continued investments in the product portfolio and direct sales combined with a generally positive market environment. CEO Christoph Loos remains confident: “Our positive start confirms that the course we continue to consistently follow is the right one. We expect double-digit growth over the entire financial year despite more pronounced political uncertainties in certain regions.”
In local currencies, almost all business regions posted double-digit sales growth rates in the first four months of 2018: North America was up 12% while Europe grew by 13%. Significantly better sales figures were recorded both in Latin America (+11%) and the Asia/Pacific region (+9%). Sales in the Eastern Europe/Middle East/Africa region were up 19%.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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