HILTI GROUP HOLDS ITS GROUND WITH SALES OF CHF 6.4 BILLION

Schaan (FL), March 14, 2025 – With sales growth of 1.5 percent in local currencies (-1.4 percent in Swiss francs), the Hilti Group reported turnover of CHF 6.4 billion in 2024. The Group 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 strategic priorities 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,” says 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 the Americas, the company increased sales by 2.2 percent, with double-digit growth in Latin America. Sales grew by 4.7 percent in Asia/Pacific, with an overproportionate contribution from Northern Asia. The Eastern Europe / Middle East / Africa region reported growth of 5.9 percent in local currencies.

With more than 80 new products and services launched in 2024, the Hilti Group continued to benefit from investments in its innovation pipeline. Investments in research and development reached CHF 466 million (+2.6%), equaling 7.2 percent of Group sales. Hilti also significantly expanded its global production network in order to secure the long-term resilience of its supply chain. In the reporting year, the jobsite management software solution Fieldwire was launched in additional markets. The Netherlands-based business software solution provider 4PS was successfully integrated following its acquisition in 2023. At the end of 2024, the Hilti Group had 34,353 team members, an addition of 242 employees (+0.7%) compared to the previous year.

The operating result remained on a similar level with CHF 769 million (2023: CHF 770 million), despite a significant negative currency effect of CHF 71 million. With CHF 561 million, net income was also at the previous year’s level (2023: CHF 560 million). Return on sales (ROS) grew slightly to 12.0 percent (2023: 11.8%), while return on capital employed (ROCE) decreased by 0.4 percentage points to 12.9 percent (2023: 13.3%).

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.

_{The 2024 Company Report (including the Financial Report and the Sustainability Report) are available online. Follow this link: https://reports.hilti.group}

Matthias Hassler

Spokesperson

+423 234 49 49