List Price Update 2022

October 2021


Dear Valued Customer,

We hope you, your family, and your employees are staying safe and healthy through these challenging times.

We have witnessed unprecedented market situation over the last months with costs of raw materials skyrocketing to all-time high. In addition, we also are affected by a global supply crisis which has increased freight costs to unprecedented levels. We have carefully monitored the situation doing our utmost to optimize our supply networks and to reduce impact on product cost and freight as much as possible. We have also absorbed already some of the cost increases. 

Unfortunately, to be able to continue delivering industry-leading innovative solutions and continuously contribute to increased productivity of our customers in the spirit of true partnership, we are forced to reflect the new reality and revise prices of our solutions.

Effective 1st December 2021, Hilti Philippines will have to change prices of the following:

Business Unit

Average Price Increase (%) *

Anchors

15.1

Power Tools & Accessories

6.0

Diamond

6.3

Direct Fastening

8.1

Screw Fastening

11.0

Installation Systems

6.7

Measuring Systems

7.2

Fire Protection

15.2

Tool Services

10.9

*actual increase varies across product categories

New Freight Charges – Finished Goods

Net Invoice Value

Freight Charge

Less than or equal to PHP 150,000

3% of Net Invoice Value

Greater than PHP 150,000

Fixed charge of PHP 3,000

 

New Freight Charges – Charged Repair of Tools Outside of Warranty

Delivery Location

Freight Charge

Within National Capital Region (NCR)

PHP 400 per tool

Outside NCR/Other Regions

PHP 600 per tool

 

We truly hope that the external conditions stabilize, and we can avoid any additional measures and business disruptions in the course of 2022.

Should you have any questions or need further information, please do not hesitate to contact your dedicated Hilti Account Manager or our Customer Service Hotline at +632-8784 7100.

We sincerely thank you for the trust you place in us and we want to assure you that we are committed to serve you to the best of our ability.

 

Yours faithfully,

ELENO LAVADIA
Head of Sales – NCR
Hilti Philippines, Inc.

VINCE RABANAL
Head of Sales – Regional
Hilti Philippines, Inc.

OLIVIER VO
Head of Finance
Hilti Philippines, Inc.

Contact our Customer Service