Press releases and media details for Hilti products and services
HILTI BACK TO GROWTH
In the first four months of 2021 the Hilti Group increased sales by 14.7 percent, to CHF 1925 million. In local currencies, growth amounted to 16 percent compared to the same period of the previous year.
Twelve awards in two competitions: Several Hilti innovations received iF and Red Dot awards based on their design quality and degree of innovation. The Jaibot construction site robot was cited in several categories and was named among the “Best of the Best”.
In the shipbuilding and Oil&Gas business segments, high quality welding, bolting, and clamping is sometimes considered an art in itself. Plus, skilled labor is always in high demand and affects the overall cost and delivery of any project. Hilti recognizes this as an opportunity for disruption, developing products that can revolutionize fastening on steel.
The Hilti Group achieved a sales growth of 13 percent up to CHF 3,872 million as per end of August 2021. Both the operating result and net income significantly increased compared to one year ago, with CHF 613 million (+38%) and CHF 466 million (+48%), respectively.
With Nuron, Hilti is launching a new cordless platform that radically simplifies work on construction sites, enhances tool park management, drives performance to much higher levels and improves operator health protection. Nuron is based on a single battery system that covers all relevant applications from light- to heavy-duty.
The Hilti Group has entered into an agreement to acquire Fieldwire, a San Francisco-based construction technology company for an approximate $300 million. The strategic acquisition will bring together Fieldwire’s best-in-class product and Hilti’s global brand and market reach to help drive productivity at contractors and on construction sites.