Hilti New Zealand Price Increase Update - June 2022

Price Increase

2022 June, Price Increase

Dear Valued Customers,

Looking back on the first quarter of 2022, we have witnessed unprecedented local & global events and as a result experienced very challenging market conditions that have applied great pressure and strain to our businesses. Inflation, costs of raw materials, and manufacturing costs are continually on the rise. Despite these challenges Hilti still strives to maintain the quality of service to our customers. 

Where possible we have implemented cost-saving measures and streamlined process to ensure we are absorbing as much of the financial pressure applied from our supply chain. To continue delivering industry-leading innovative solutions and continuously contribute to the increased productivity of our customers in the spirit of true partnership, we are forced to reflect on the new reality and revise the prices of our solutions. [

Due to current economic pressures and for Hilti to continue operating at these high levels of service, we wish to advise you of necessary price changes effective 1st June 2022.

Effective June 1st, 2022, we will increase our prices across our company by an average of 6.1%, with minor differences across product groups. Existing fleet & On Track contracts are frozen.

Should you have any questions regarding these changes, or require further details, please do not hesitate to contact your Account Manager.

We trust that you understand this decision and we always remain absolutely committed to our ongoing partnership with you.

Warm regards,

Ross Buchanan

General Manager, Hilti New Zealand

 

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