Schaan (FL), May 15, 2019 – Sales of the Hilti Group increased by 6.2 percent over the first four months of 2019 to total CHF 1931 million. Growth in local currencies amounted to 7.6 percent compared to the same period one year ago.
“Overall, we had a positive start to 2019 in the first four months and sales are within our expectations. For the entire year, we continue to expect growth in the mid-to-high single digits, even though the dynamics in the construction industry have slowed somewhat in several regions,” explained Hilti CEO Christoph Loos.
In Europe and North America, the Hilti Group was able to maintain strong growth amid an ongoing positive market environment, growing sales in local currencies by 9.6 and 8.1 percent, respectively. Sales in Latin America grew 5.6 percent while the Asia/Pacific region saw a rise of 3.2 percent. The Eastern Europe / Middle East / Africa region grew by 3.0 percent in the face of economic tensions in Russia, Turkey and the Gulf States.
