Port of StocktonPort of South LouisianaTOC EventsTelestackThe Wolfson Centre for Bulk Solids Handling Technology Vigan
  • Vigan
  • Van Aalst
  • Cleveland Cascades Ltd
  • Port of Stockton
  • Telestack
  • Cimbria

Liebherr turnover over €11bn

Liebherr turnover over €11bn

(Posted on 06/04/20)

In 2019, the Liebherr Group completed another very successful business year with turnover of € 11,750 million. This represents an increase of € 1,199 million or 11.4 % compared with the previous year.

Despite the slowdown in global economic growth, 2019 was once again a record year for the Liebherr Group. Both the construction machinery and mining equipment divisions recorded overall increases in sales revenues, as did the other product areas overall. Revenues from construction machinery and mining equipment rose by 11.8 % to € 7,640 million, with contributions from the Earthmoving, Mobile Cranes, Tower Cranes, as well as Concrete Technology and Mining divisions. In the other product areas, which include Maritime Cranes, Aerospace and Transportation Systems, Gear Technology and Automation Systems, Domestic Appliances, Components, and Hotels, turnover rose by a total of 10.5 % to € 4,110 million.

The success of the 2019 business year can be attributed to the very positive sales performance in almost all sales regions of the Liebherr Group. Sales continued to increase within the European Union, which is Liebherr's most important sales region. One reason for this is the favorable market development, especially in Germany and France, but also, for example, in Spain and Denmark. Positive growth impulses also came from Russia and Norway. The Liebherr Group recorded its most significant increase in sales in North America. In Asia and Oceania this positive trend was driven in particular by the markets in Australia, China, Singapore and Japan. Slight increases in turnover were also achieved in Africa and in the Near and Middle East. There were only slight declines in Central and South America.

The Liebherr Group achieved a net profit of € 429 million in 2019, an increase compared with the previous year, whereas the operating result has fallen slightly compared to the previous year. The financial result showed a very positive development.

The 2019 business year saw a significant increase in the workforce. At the end of the year, the Liebherr Group had a total of 48,049 employees worldwide, representing an increase of 1,880 compared to the previous year.

As a high-tech company, the Liebherr Group pursues the goal of making a decisive contribution to shaping the technological progress in sectors relevant to the Group. Liebherr invested € 592 million in research and development last year. The bulk of this was used in the development of new products. A large number of research projects with universities, other higher education institutions, and research institutes were initiated and continued. A special area of focus for these research projects is the topic of electrification. As part of the EU Technology Initiative “Clean Sky 2 / Horizon 2020”, Liebherr researched the electric variants of flight control systems, landing gear and air management systems in order to make flying more efficient and environmentally friendly in the future. Intensive work on alternative drive technologies was also carried out in the area of construction machines.

Latest News

Technomar partners with OTG to deliver next digital learning phase

(Posted on 05/12/22)

Technomar Shipping Inc, a leading Greek owned ship management company, has confirmed that it has signed... Read more


MacGregor introduces electric transloading crane

(Posted on 05/12/22)

As part of its mission to support customers with more sustainable products and solutions, MacGregor... Read more


ClassNK issues AiP for dual fuel generator engine using hydrogen gas

(Posted on 01/12/22)

ClassNK has issued an Approval in Principle (AiP) for a dual fuel generator engine using hydrogen gas... Read more


Voyager automates demurrage process to deliver faster calculations

(Posted on 29/11/22)

Voyager Portal has launched a new web-based tool for optimising the often complex demurrage process,... Read more


Wärtsilä partners with cleantech start-up Hycamite

(Posted on 29/11/22)

The technology group Wärtsilä has entered into a joint development agreement with Hycamite... Read more


New digital advance delivers expert knowledge to bulk operators

(Posted on 19/11/22)

Bruks Siwertell is developing an advanced digital tool, Siwertell Smartview, as part of an ongoing research... Read more


Superior plans 250 tons of display product at CONEXPO-CON/AGG

(Posted on 19/11/22)

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more


Seamanship and navigation e-learning content expanded through partnership

(Posted on 13/11/22)

Insufficient knowledge of seamanship and navigation when taking a ship out to sea or coming alongside... Read more


Industry veteran Kelly joins Superior Industries

(Posted on 13/11/22)

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more


Liebherr LHM 550 adds to bulk handling capacity in Arendal

(Posted on 09/11/22)

Located in the southern part of Norway between Larvik and Kristiansand, the Port of Arendal is the biggest... Read more


TBA GroupBühler GmbHCleveland Cascades LtdSailors SocietyVan AalstCimbria
  • Bühler GmbH
  • TBA Group
  • The Wolfson Centre for Bulk Solids Handling Technology

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping