In the concrete technology product segment, Liebherr recorded revenue of €238 million in the 2024 business year, representing a decline of €64 million or 21.2 % year-on-year.

According to the German Machinery and Equipment Manufacturers Association (VDMA), global sales of construction machinery fell slightly in the year 2024 compared to the previous year. The European market, which is important for this product segment, experienced a significant downward trend. This was partly due to the decline in housing construction, particularly in Germany. The situation in North America was similar, as high interest rates hampered construction projects. In the Africa, Near and Middle East region, in parts of Asia and in South America, sales of construction machinery grew, with forecasts indicating that the highest growth rates in Asia and Africa will in future be recorded in cement production.

In the concrete technology product segment, trends differed among the sales regions. Despite difficult conditions, revenue increased in North America, driven primarily by the USA. Due to strong business in Brazil and the Dominican Republic, Liebherr also recorded an increase in revenue in Central and South America. Revenue in the Africa, Near and Middle East sales region and in Asia and Oceania followed a downward trend. The same was true of Europe, in part due to the decline in housing construction.

The market launch of the new Betomix and Mobilmix mixing plants also progressed successfully during this business year. Examples include the introduction of the new Liebherr Mobilmix 3.0 in the United Kingdom as well as the new Betomix generation on the American market.

In the concrete pumps product area, the current control system was expanded with the addition of the new LiDriveIn function in the course of the market launch of the 31 XXT truck-mounted concrete pump. This means the 31 XXT can be used on construction sites with low ceiling heights. Development of the comprehensive LiPS 1.0 control architecture was also continued. With effect from 2026, this will be used in new series as well as in several existing ones. Liebherr was also able to transfer the new 56 XXT large boom pump into field testing.

The company also achieved significant progress in the truck mixer area. The first prototype of a new generation was constructed and, at the end of the business year, was transferred to the field testing phase. Furthermore, a newly developed modular control architecture was rolled out on almost all conventional, hydraulically driven truck mixer models. A key element in this business year was the decision to suspend the development of hybrid electric truck mixers in favour of developing fully electric drive technologies. This new focus meets the latest market requirements and highlights Liebherr’s commitment to actively reducing carbon emissions and contributing to the achievement of global climate goals.

To combine and expand the production capacity of concrete technology for markets in Asia and the Near East, the Group made the decision in this business year to relocate the production and sales activities of the Chinese company Xuzhou Liebherr Concrete Machinery Co., Ltd. to Liebherr (Thailand) Co., Ltd. in Rayong.

In the concrete technology product segment, Liebherr is facing a challenging year and anticipates a sideways trend. The situation is only expected to ease in 2026.