Liebherr reports good growth in both construction and mining markets
Liebherr has enjoyed growth in the construction and mining markets. Turnover from construction and mining equipment, including the earth moving, mining, mobile cranes, tower cranes and concrete technology divisions, rose by €330-million to €5,624 million.
Business developed differently in the various sales regions.
In Western Europe, the most important market for Liebherr, an increase in turnover was recorded. Among the contributing factors were positive developments in Germany, Great Britain and the Netherlands. However, sales revenue dropped in France, the group’s third-largest market.
Turnover increased in in America and in the Far East/Australia region, and Liebherr also enjoyed a satisfactory year in the Near and Middle East. A downturn was recorded in Eastern Europe and in certain African markets.
In the current year, the Liebherr Group expects the turnover to be at the previous year’s level. The construction machinery and mining area should continue to develop at the previous year’s level; other areas of its business are expected to make a positive overall contribution to turnover.
Growth can be expected from the earthmoving, tower cranes and concrete technology divisions as well as from the aerospace and transportation systems, machine tools and automation systems and domestic appliances divisions. A definite increase is also anticipated from the group’s other products and services, which includes drive and control technology components and hotels.
The Liebherr Group will continue to invest considerably in its international production sites and its sales and service network. There will again be a slight increase in the numbers of employees at the group’s companies.