With sales growth of 1.5% in local currencies (-1.4% in Swiss francs), the Hilti Group reported turnover of CHF 6.4 billion (€6.65 billion) in 2024. The Group also managed to gain further market share in a challenging market environment.
Despite a strongly negative currency impact, the operating result matched that of the previous year and amounted to CHF 769 million. In 2024, Hilti continued to significantly invest in innovation and the strategicpriorities outlined in its corporate strategy Lead 2030.
“In the volatile environment of 2024, we grew our sales in local currencies. Despite significant negative currency effects, and despite continued strong investments into our business, we managed to maintain our operating result at the level of the previous year. We will continue investing in 2025, implementing our Lead 2030 strategy,” highlights CEO Jahangir Doongaji.
In Europe, Hilti maintained its sales level in local currencies (-0.2%). Central and northern Europe were most affected by the challenging economic environment, while southern Europe reported solid growth. In theAmericas, the company increased sales by 2.2%, with double-digit growth in Latin America. Sales grew by 4.7% in Asia/Pacific, with an overproportionate contribution from northern Asia. The eastern Europe / MiddleEast / Africa region reported growth of 5.9% in local currencies.
With more than 80 new products and services launched in 2024, the Hilti Group continued to benefitfrom investments in its innovation pipeline. Investments in research and development reached CHF 466 million (+2.6%), equaling 7.2% of Group sales. Hilti also significantly expanded its global production network in order to secure the long-term resilience of its supply chain.
Construction market forecasts point to a similar business environment in 2025, strongly varying by geographic area. This volatility and uncertainty in the markets will likely cause the Swiss franc to remain strong. In-line with its purpose of ‘Making Construction Better’, Hilti will continue to significantly invest in innovation and build up market reach resources. In 2025, the Hilti Group expects low single-digit sales growth in local currencies with a similar ROS compared to 2024.
Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.
Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.
Don't have an account? Sign Up
Signing up to Fastener + Fixing Magazine enables you to manage your account details.
