Liebherr: 2022 business year with new record turnover

The Liebherr Group finished the year 2022 with a new record turnover of €12,589 million. Compared to the previous year, the company thus recorded a turnover growth of €950 million or 8.2 %.

Difficult general conditions, rapidly rising food and fuel prices, as well as the ongoing coronavirus pandemic and related regional lockdowns weighed on economic development and slowed economic growth in the past business year. Nevertheless, Liebherr's turnover increased significantly compared to the previous year. The group achieved increased turnovers in 10 of its 13 product segments, some of them significant. It thus surpassed its previous turnover record from 2021 by €950 million.

Turnover in the seven product segments of earthmoving, material handling technology, deep foundation machines, mobile and crawler cranes, tower cranes, concrete technology and mining totalled €8,561 million, 6.9% above the previous year's level. In the six product segments of maritime cranes, aerospace and transportation systems, gear technology and automation systems, refrigerators and freezers, components and hotels, Liebherr achieved a total turnover of €4,028 million, an increase of 11 % over the previous year.

For further information: https://www.liebherr.com/liebherr-annual-report