Skip to main content

Liebherr posts €8.963.6bn 2013 turnover amid big production site investment

The Liebherr Group achieved turnover of €8.963.6 billion in 2013 – down 1.4% (€126.6 million) on 2012. The group said the full business year figure was posted against a backdrop of “moderate” international economic progress, with 2013 also seeing €830 million invested by the group in production facilities and its sales and service network. The Liebherr Group’s global workforce also rose again last year by 4% (1,623) to 39,424. In the construction machinery and mining area, turnover in 2013 reached €5,630
June 16, 2014 Read time: 3 mins
Liebherr’s stand at the Conexpo 2014 show in Las Vegas, United States
The 718 Liebherr Group achieved turnover of €8.963.6 billion in 2013 – down 1.4% (€126.6 million) on 2012.

The group said the full business year figure was posted against a backdrop of “moderate” international economic progress, with 2013 also seeing €830 million invested by the group in production facilities and its sales and service network. The Liebherr Group’s global workforce also rose again last year by 4% (1,623) to 39,424.

In the construction machinery and mining area, turnover in 2013 reached €5,630.4 million - €238.5 million or 4.1 % below the previous year’s figure. The area comprises the earthmoving, mobile crane, tower crane, concrete technology and mining divisions.

Group turnover in 2013 is said to have developed very differently from one sales region to another. The Liebherr Group’s ten largest sales markets were Germany, the USA, Australia, Russia, France, Great Britain, Canada, the Netherlands, Brazil and South Africa.

In Western Europe the Group was able to increase its turnover by €191.2 million or 4.8 % to €4.157.5 million. In Eastern Europe, turnover fell by €139.1 million or 13.2 % and totalled €914.1 million. This downturn was primarily due, said the Group, to a negative trend in Russia.

In the Near and Middle East, Liebherr’s turnover was €306.5 million, equivalent to a drop of 1.4 million or 0.5 % when compared with the previous year. Significant increases were recorded in Saudi Arabia and the United Arab Emirates.

In America the Liebherr Group was unable to maintain the previous year’s positive business pattern. At €1.470.3million, turnover was down slightly by €28.8 million or 1.9%.

On the African continent, the Group’s turnover after a year of “satisfactory business activity” totalled €606million, an increase of €14.2 million or 2.4 %.

Following an upturn in the Far East/Australia region in the previous business year, the Group’s turnover dropped to €1.509.2million in 2013 and was therefore €162.7 million or 9.7% lower.

Of the total €830 million group investment in production sites and sales and service provision, €552.5 million was invested in the construction machinery and mining area, approximately half of which was devoted to the earthmoving division. In the summer of 2013, building work began on a new group logistics centre near Kirchdorf an der Iller, Germany.

The Liebherr Group expects its overall turnover for 2014 to be similar to last year, though, the group says, performance will differ from one division to another. The group says there is likely to be a further increase in the size of its workforce before the end of the year.

For more information on companies in this article

Related Content

  • Wacker Neuson improves Q3 earnings in despite challenges
    November 14, 2016
    Light and compact equipment manufacturer Wacker Neuson Group saw revenue and earnings for the third quarter of 2016 increase relative to 2015. The company said that seen over a nine-month period, revenue remained at the prior-year level, balancing out the drop in earnings experienced during the first half of the year only partly. Despite adverse market factors, including ongoing crises in many emerging markets and key industries such as the agricultural sector, the oil and gas industry and mining, gro
  • Salini sells paving division of Lane Construction to Eurovia
    August 28, 2018
    The transaction is subject to clearance by regulatory authorities. Closing and payment are expected in thefourth quarter of 2018. The sale is in line with Salini Impregilo’s plan to consolidate its growth strategy in large, complex infrastructure projects in the United States by exiting from non-core and non-strategic activities. With the sale, Lane Construction will continue to be one of the leading companies in the country in transport, tunnelling and water projects, with annual revenue expected at
  • DEUTZ wins record level of orders under current business structure
    August 8, 2013
    DEUTZ has won a record level of new orders under its current business structure in the first half of 2013. The globally renowned German diesel engine manufacturing firm saw new orders rise by over 20% year on year to €843.5 million, compared to €701.0 million in H1 2012. Despite the number of engines sold by DEUTZ in H1 2013 falling by 8.5% to 85,907, compared to the corresponding period of 2012 (93,853 units), the company’s first-half revenue declined by only 2.8% year on year to €662.1 million, compared t
  • Deere’s big Brazilian investment
    May 14, 2012
    Deere & Company plans to build two new factories in Brazil to meet growing market demand for its construction equipment products in Brazil and other South American countries. The total investment is approximately US$180 million with Deere investing approximately $124 million of the total.