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The Liebherr Group achieved a total turnover of €12,589 million in 2022. This represents an increase of € 950 million, or 8.2 %, compared to the previous year.
|Year company was founded
|Group turnover in 2022
|12,589 m €
|Group investments in 2022
|863 m €
|Group depreciation in 2022
|528 m €
|Workforce by end of 2022
|More than 140 companies
|More than 40 production companies
In the 2022 business year, the Groupʼs turnover developed positively in almost all sales regions. In the European Union, traditionally Liebherrʼs strongest market, turnover increased slightly. Growth rates varied in the individual EU markets, with business developing particularly well in the Netherlands and Italy. Turnover in non-EU countries showed a negligible decline. North America, in contrast, saw an extremely positive development, which can primarily be attributed to the USA and Canada. Thanks to an increase in Brazil and Panama, Liebherr was also able to achieve a strong increase in Central and South America. The region Africa, Near and Middle East also recorded an encouraging increase, with Saudi Arabia and the United Arab Emirates proving to be particular drivers. Turnover in Asia and Oceania was slightly above the previous yearʼs level.
In the 2022 business year, the Liebherr Group achieved increases in turnover, some of them significant, across all product segments with the exception of tower cranes, gear technology and automation systems as well as components. As a result, the record year 2019 was exceeded for the first time. However, difficult business conditions such as increased raw material and energy prices, higher manufacturing costs and ongoing supply chain difficulties also affected the Liebherr Group. The shortage of skilled workers in various sectors was also a challenge.
Liebherr recorded a turnover of € 8,561 million in construction and mining machines, representing an increase of 6.9 % on the previous year. This includes the product segments earthmoving, material handling technology, deep foundation machines, mining, mobile and crawler cranes, tower cranes, and concrete technology. In the other product segments – maritime cranes, aerospace and transportation systems, gear technology and automation systems, refrigerators and freezers, components, and hotels – the Group achieved a total turnover of € 4,028 million. This represents healthy growth of 11.0 % on the previous year.
The number of employees in the Group increased again in the business year. At the end of 2022, Liebherr employed 51,321 people worldwide, an increase of 1,710 or 3.4 %. The European Union saw the largest increase in the number of employees, followed by North America. However, Liebherr also saw an increase in Asia and Oceania, the Africa, Near and Middle East region, as well as in Central and South America. In the non-EU countries, the number declined slightly.
The Liebherr Group’s annual report for 2022 contains the key facts and figures as well as information on key events, interviews and a comprehensive overview on the Group's business performance.