Hilti: Financial Solidity and Continued Investments Despite COVID-19 Pandemic
Schaan (FL), March 18, 2021 – The Hilti Group closed the challenging COVID-19 pandemic year of 2020 with a decline in sales of 9.6 percent, totaling CHF 5.3 billion, and an operating profit of CHF 728 million (-7,0%). Nevertheless, investments in strategic initiatives continued as planned to ensure the long-term success of the company.“2020 was a turbulent business year which also shows in our figures. Overall, we came through the pandemic year with a black eye and were able to avoid compromising the financial stability of our company. At the same time, we continued to invest into our