Facts and figures

The Liebherr Group’s revenue developed positively in almost all sales regions in the 2023 business year. There was an encouraging increase in revenue in the European Union, traditionally Liebherr’s strongest market. Business developed particularly well in Germany, France and Spain. The Group recorded a slight decline in the non-EU countries. The business year was extremely encouraging in North America – driven by the USA and Mexico – and also in Asia and Oceania, particularly in Australia, Indonesia and China. Revenue in the Africa, Near and Middle East region was also well above the previous year’s level. In Central and South America, revenue remained at the previous year’s level.

In the 2023 business year, Liebherr once again achieved record revenue with €14,042 million. The Group recorded considerable revenue increases in almost all product segments, with the only exceptions being the deep foundation machines and tower cranes product segments.

In construction machines and mining, Liebherr achieved revenue of €9,557 million, which represents an increase of 11.6 % on the previous year. This includes the product segments of earthmoving machinery, material handling technology, deep foundation machines, mining, mobile and crawler cranes, tower cranes and concrete technology. In the product segments of maritime cranes, aerospace and transportation systems, gear technology and automation systems, refrigerators and freezers, components and hotels, the Group generated combined revenue of €4,485 million. This equates to an increase of 11.3 % compared with the previous business year.

Growth was primarily driven by substantial sales of mobile cranes, mining excavators, wheel loaders, material handling machines and components for the aerospace product area. The decline in residential construction resulted in a downward trend in the tower cranes segment. Besides this, the major challenges of the last year included the uncertain political climate and persistently high inflation and interest rates.

The number of employees in the Group increased again in the business year. At the end of 2023, Liebherr employed 53,659 people worldwide, which represents an increase of 2,338 employees or 4.6 % on the previous year. The European Union saw the largest increase in the number of employees. The figure fell in the non-EU countries. Liebherr also recorded a slight decline in Central and South America. In North America, the Africa, Near and Middle East region and in Asia and Oceania, the number of employees rose compared with the previous year.