Hilti says 2020 less severe than feared

Murray Pollok

27 January 2021

Hilti has reported a 9.6% fall in 2020 revenues to CHF 5.3 billion, largely the result of the Covid-19 pandemic, although it said the downturn had been less severe than initially feared. The revenue fall in local currencies was 4.3%.

The company, best known for its power tools and other…

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