Capital Equipment News

In a difficult market environment in 2016, Liebherr achieved the third-highest turnover in the Group's history, with total sales of €9 009 million. Compared to the record year of 2015, this represents a decrease of €228 million or -2,5%.

liebherr new factory deggendorf

There were marked differences in business performance in the individual sales regions. In Western Europe, Liebherr’s most important sales region, turnover increased. This was due in part to renewed growth in its largest market, Germany, as well as to upward trends in other important markets such as France and the Netherlands. In Italy, too, the last business year was an encouraging one. In the UK, one of the region’s most important market, turnover declined slightly.

In Eastern Europe, particularly in Russia and Poland, sales revenues also developed positively. In the Near and Middle East, sales remained at the previous year’s level. In America, by contrast, a slight fall was recorded. In Africa and the Far East / Australia, turnover was below the previous year’s level in each case.

In the construction machinery and mining segments, as well as in other product areas, Liebherr recorded a slight decline in turnover compared to its record year in 2015.

Divisions producing construction machinery and mining equipment include earthmoving, mining, mobile cranes, tower cranes and concrete technology. Here, sales revenue fell by €224 million, or -4%, to a total of €5 400 million. In the other product areas, those covered by the maritime cranes, aerospace and transportation systems, machine tools and automation systems, domestic appliances, components and hotels divisions, turnover remained at €3 609 million – the previous year’s level.

In 2016, the Liebherr Group achieved a net result for the year of €298 million, equalling the 2015 figure. The financial result improved significantly, thanks in part to the positive effects of exchange rate movements. In contrast, there was a perceptible fall in the operating result.

Meanwhile, the company anticipates that 2017 will see slight positive growth in the global economy, compared to 2016. The growth trend is expected to increase slightly, both in industrialised countries and in emerging and developing economies.

The Liebherr Group anticipates an increase in turnover this year. The construction machinery and mining segments, as well as other product areas are overall expected to make a positive contribution to turnover. The Liebherr Group will also continue to invest substantially in its international production facilities and in its distribution and service network.

Contact Capital Equipment News

Title: Editor
Name: Munesu Shoko
Email: capnews@crown.co.za
Phone: +27 11 622-4770
Fax: +27 11 615-6108

Title: Advertising Manager
Name: Claudia Bertschy
Email: claudiab@crown.co.za
Phone: +27 11 622-4770
Fax: +27 11 615-6108

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