In the deep foundation product segment, Liebherr recorded revenue of €399 million in the 2024 business year, which represents a slight increase of €4 million or 1.0 % year-on-year.

Global growth forecasts for the construction industry were significantly reduced in the last business year. The infrastructure sector as well as the energy and utilities sector both benefit from stimulus packages.

Revenue in the deep foundation product segment reflects the overall economic situation, with differentiated development in the various regions. North America, as before, is one of the most important sales markets, although it was slightly more subdued compared to the previous year. Only Canada ended the year with an increase in revenue here. Europe remains a very important market and Germany in particular recorded an encouraging increase in growth. Among the non-EU countries, Switzerland stands out as particularly positive. Growth in the Africa, Near and Middle East region was also dynamic, primarily due to large infrastructure projects. Revenue growth was also recorded in Central and South America. The Asia and Oceania region developed positively, largely due to Hong Kong.

In the last business year, Liebherr introduced a series of innovative products and technologies in a variety of areas. The deep foundation portfolio was extended with the new LBX 600 carrier machine, which is designed specifically for slurry wall construction. This compact, single-purpose machine fulfils the requirements of construction sites in urban areas and is particularly flexible due to the modular boom system. A battery-electric version was also introduced, which is quiet and emissions-free.

For cable excavators, the proven free-fall automatic control was further optimised to support dynamic soil compaction. With this application, a tamper weight is dropped from a great height onto the ground to be compacted.

Above all, Liebherr invested in the development of alternative drive technology and new electrification solutions as well as in various assistance systems and the analysis of carbon footprint calculations. The Product Carbon Footprint (PCF) includes the sum of all greenhouse gas emissions, from acquisition of the raw material to manufacturing and use of the end product and on to disposal or recycling of the product. The fuels and fluids used in all phases of the life cycle are also taken into consideration. The calculations are consistent with the Greenhouse Gas Protocol Product Life Cycle Accounting Reporting Standard and are based on the principles and requirements of ISO standards 14040:2006 and 14044:2006.

Despite geopolitical tensions and volatile markets, Liebherr anticipates an increase in revenue in the deep foundation product segment in 2025.