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 €485M (+2.6%), equalling 7.2% of 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 (+0.7%) compared to the previous year.

The operating result remained on a similar level with €800M, despite a significant negative currency effect of €74M. With €583M, net income was also at the previous year’s level. Return on sales (ROS) grew slightly to 12.0% (2023:11.8%), while return on capital employed (ROCE) decreased by 0.4% points to 12.9% (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.