In the concrete technology product segment, Liebherr recorded a turnover of € 253 million in the 2022 business year, representing an increase of € 34 million or 15.5 % year-on-year.

In the first half of 2022, Liebherr experienced a significant drop in demand in concrete technology. This was mainly due to global price increases and delivery bottlenecks in the construction industry. Nevertheless, thanks to highly positive business development in the second half of the year, the Group succeeded in building on the growth of the previous year.

Thanks to positive growth in Germany, Austria and France, turnover in the European Union developed positively. In the non-EU countries, turnover increases were recorded primarily in the United Kingdom and Switzerland. In the North, Central and South America regions, Liebherr achieved strong growth in Canada, the USA and Brazil. Thanks to good sales figures in Saudi Arabia, business development in the Africa, Near and Middle East region was also positive. In contrast, the continuing decline in the Chinese market was the main reason for the decline in turnover in Asia and Oceania.

Global turnover increased sharply, especially in concrete pumps and in sensor technology. Turnover with truck mixers and mixing plants increased moderately compared to the previous business year.