Liebherr reflects on revenue growth

News Story
- 9 Apr 2020 ( #969 ) - Bulle, Switzerland
2 min read
Liebherr revenue and profit are up
Liebherr revenue and profit are up
Liebherr Group's final results for 2019 reflect another very successful business year with turnover of EUR11.50 billion (USD12.68 billion) - an increase of 11.4% compared with the previous year.

Despite the slowdown in global economic growth, 2019 was once again a record year, with sales revenue highs for both the construction machinery and mining equipment divisions.

The success of the 2019 business year can be attributed to the very positive sales performance in almost all sales regions of the Liebherr Group.

Sales continued to increase within the European Union, which is Liebherr's most important sales region. One reason for this was the favourable market development, especially in Germany and France, but also, for example, in Spain and Denmark. Positive growth impulses also came from Russia and Norway.

The Liebherr Group recorded its most significant increase in sales in North America.

In Asia and Oceania, this positive trend was driven in particular by the markets in Australia, China, Singapore and Japan.

Slight increases in turnover were also achieved in Africa and in the Near and Middle East.

Only Central and South America showed slight declines.

The group has reported a net profit of EUR429 million (USD463 million) for 2019, an increase compared with the previous year.

The 2019 business year saw a significant increase in the workforce. At the end of the year, the Liebherr Group had a total of 48,049 employees worldwide, representing an increase of 1,880 from the previous year.

The group's order situation at the end of 2019 as well as far into the first quarter of 2020 is described as very good. However, the impact of the coronavirus has significantly restricted business activities in many markets, which will obviously influence the turnover in 2020, according to a company statement. "The extent to which our business will be impacted cannot be forecasted reliably at the time this annual report (was) compiled," it adds. "However, the Liebherr Group will ensure that all organisational units have implemented the necessary measures to guarantee that customer demands are met with the usual reliability, also in 2020 and beyond."

The financial strength of the Liebherr Group enables a rapid resumption of reduced activities in production, sales and service units, the company stresses.
Jungheinrich records ‘resilient’ results
Jungheinrich records ‘resilient’ results 16 Aug 2024 - Hamburg, Germany - 1 min read
KION narrows revenue forecast
KION narrows revenue forecast 8 Aug 2024 - Frankfurt, Germany - 1 min read
Kalmar makes stock market debut
Kalmar makes stock market debut 4 Jul 2024 - Helsinki, Finland, Finland - 1 min read
Previously about:
STS cranes biggest investment for Durban News Story - 22 May 2025 - Durban, South Africa - 1 min read
Liebherr celebrates birthday with RTG launch News Story - 15 May 2025 - Killarney, Ireland - 1 min read
Liebherr delivers its first cranes to US West Coast News Story - 19 Dec 2024 - Killarney, Ireland - 1 min read
Do you have materials handling news? Submit your news here
Inside The News
This week Forkliftaction News is celebrating its 25th anniversary! A wonderful achievement given we launched at a time when just 6% of the world’s population were internet users, according to Internet World Stats . Over the coming weeks, we will be sharing stories about our history and rolling out more celebrations, so keep an eye out... Continue reading

PREMIUM business

Cascade Corporation (World HQ)
Leading manufacturers of attachments, forks and related technologies for forklifts and AGVs.

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

PREMIUM business

Noblelift
Global leader and manufacturer of high quality electric, lithium-ion, and IC material handling equipment.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Hyster
Hyster is a world-leading provider of forklift trucks and services in the materials handling industry.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.