Hilti says 2020 less severe than feared
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…