Facts and figures
The Liebherr Group achieved record revenue of €14,622 million in 2024. This represents an increase of €580 million or 4.1%, compared with the previous year.
Overview
Company founded | 1949 |
Group revenue in 2024 | €14,622 million |
Investments of the Group in 2024 | €989 million |
Group depreciation in 2024 | €589 million |
Number of employees at end of 2024 | 54,728 |
More than 150 companies | |
More than 40 production companies |
Revenue development by sales region
In the 2024 business year, the Liebherr Group’s revenue developed differently in the sales regions. A healthy increase in revenue was recorded in Asia and Oceania, driven by Australia and Japan. In Europe, the Group recorded a slight downward trend, despite good business in the Netherlands, Spain, Portugal and the United Kingdom. In Central and South America, revenue was also below the level of the previous year. By contrast, revenue in North America and in the Africa, Near and Middle East region increased compared with the previous business year. This was driven by the USA, Canada and South Africa in particular.
Revenue 14,622 € m
+4.1 % +580 € m
% the previous year | € the previous year | ||
---|---|---|---|
Asia and Oceania | 2,719 € m | +21.8 | +486 m |
Africa, Near and Middle East | 1,024 € m | +9.4 | +88 m |
Central and South America | 503 € m | −6.3 | −34 m |
North America | 2,568 € m | +5.0 | +122 m |
Non-EU countries | 1,530 € m | +10.6 | +147 m |
European Union | 6,278 € m | −3.5 | −229 m |
Revenue development by product segment
During the 2024 business year, Liebherr reported revenue of €14,622 million, once again representing an increase year-on-year and marking a new all-time high. Business developed very differently in the various product segments: the Group achieved increases in revenue in the product segments of deep foundation, mining, mobile and crawler cranes, maritime cranes, aerospace and transportation systems, as well as gear technology and automation systems, but followed a downward trend in the other segments.
In construction machines and mining, Liebherr achieved revenue of €9,891 million, which represents a year-on-year increase of 3.5 %. This includes the earthmoving, material handling technology, deep foundation, mining, mobile and crawler cranes, tower cranes and concrete technology product segments. 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 €4,731 million, equating to an increase of 5.5 % compared with the previous business year.
The subdued demand in the construction industry, especially in Germany, weighed on some product segments, resulting in declining revenue. Thanks to the Group’s diversification and decentralisation, it was possible to offset these downward trends through the successful marketing of other products. Growth was primarily driven by mobile cranes, components for the aerospace product area and good orders in mining and gear technology.
Revenue performance by product segments
Employees worldwide
The number of employees in the Group grew again during the business year. At the end of 2024, Liebherr employed 54,728 people worldwide, representing an increase of 1,069 employees, or 2.0 %, year-on-year. Women represented 18.0 % of the Group's workforce at the end of the business year.
The European Union saw the largest increase in the number of employees, although Liebherr recorded a decline in employee numbers in the non-EU countries. The number of employees also fell slightly in Central and South America, but increased in North America. In the Africa, Near and Middle East region as well as in Asia and Oceania, the number of employees also rose compared to the previous year.
54,728
+1,069
Employees | Compared to the previous year | ||
---|---|---|---|
Asia and Oceania | 4,790 | +248 | |
Africa, Near and Middle East | 1,275 | +68 | |
Central and South America | 1,933 | −51 | |
North America | 2,516 | +226 | |
Non-EU countries | 3,943 | −442 | |
European Union | 40,271 | +1,020 |
Annual report 2024
The Liebherr Group’s 2024 annual report contains not only the key facts and figures, but also details of significant events and topics that have shaped the past year.
Download
The 2024 annual report is available to download as a PDF here.