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Positive results despite pandemic; challenges remain in some regions
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Acquisition of Fieldwire will drive productivity on construction sites to a wider global market
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Jahangir Doongaji will be CEO from 1 January 2023 and Michèle Frey-Hilti will join the board in April 2022
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Hilti Group reported a 9.6% decline in sales in 2020 to CHF 5.3 billion, with operating profits down 7% at CHF 728 million.
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Hilti has reported a 9.6% fall in 2020 revenues to €4.9bn - 4.3% in local currencies - largely the result of the pandemic