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Tue August 04 2020

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Liebherr turnover slips 1%

18 Dec 14 The Liebherr Group has reported that its turnover in 2014 is set to reach ,8,866m (£7,020m) for 2014.

Liebherr mobile cranes assemble a harbour crane at Sète docks, France
Liebherr mobile cranes assemble a harbour crane at Sète docks, France

Turnover was down by €98m, or 1%, on 2013.

From construction machines and mining, Liebherr expects a turnover of approximately €5,374m (£4,250m), which is 4.5% down on last year. Liebherr's construction machinery and mining area comprises the earthmoving, mobile crane, tower crane, concrete technology and mining divisions. This decline is mostly attributed to a slowdown in the global mining industry, where sales fell particularly sharply in 2014.

Liebherr’s other businesses – including maritime cranes, aerospace and transportation systems, machine tools and automation systems, domestic appliances (fridges) and hotels – collectively saw growth of 5% to €3,492m

Employee numbers grew by 1,800 to approximately 41,000 during the year.

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