Midyear List Price Update 2022

April 2022

 

Dear Valued Customer,

We hope you and your family are staying safe and healthy. We would like to share an update with you.

Due to recent unprecedented circumstances across the globe (e.g., war in Europe, strict Covid lockdowns in China, international trade constraints), our overall material costs coming from raw materials, components, and electronic parts, are being massively impacted. Coupled with disrupted supply networks, these have resulted to a significant imbalance between supply and demand

Although we have taken all necessary measures to cushion the impact of this market situation and the worsening supply chain scenario, we are prompted to adjust our prices effective 1st of June 2022. Hilti Philippines will have to change prices of the following:

 

Business Unit

Average Price Increase (%) *

Anchors

7.0

Power Tools & Accessories

5.0

Diamond

5.0

Direct Fastening

7.0

Screw Fastening

7.0

Installation Systems

7.0

Measuring Systems

5.0

Fire Protection

7.0

Tool Services

5.0

*actual increase varies across product categories

We pass on only a minimum fraction of the overall impact to ensure that we can sustain the same level of service to our partners and continue in providing highly innovative, safe, and productive solutions to preserve Hilti’s competitive advantage. 

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 are keen to continue building our partnership with you and to support you in growing your business. 

Sincerely,

Nicolas Roland

General Manager
Hilti Philippines, Inc.

Contact our Customer Service