In the 2018 business year, the Concrete Technology division achieved sales revenues of € 177 million. This represents a slight decrease of € 7 million or 3.8 % compared with the previous year.
Development compared to previous year*
Turnover in € m
|( - 3.8% ) 0|
Investments in € m
|( + 100.0% ) 0|
|( + 3.0% ) 0|
Turnover by sales regions
Central and South Amerika3.9%
Asia and Oceania11.3%
Africa, Near and Middle East10.2%
A highly competitive market
Growth varied heavily among the division’s various sales regions in the concrete industry in 2018. There were positive results overall in Europe, due to a very strong construction sector. In contrast, Africa and the Middle and Near East were impacted by an economic downturn. In Asia, growth also declined over the course of the year.
The division’s sales were in line with the market trend, which also varied widely. Sales rose slightly in Europe as well as in Central and South America. Poor market conditions led to decreasing sales in the Asia and Oceania sales regions as well as in Africa, Near and Middle East. Due to the generally unfavourable market environment, sales in truck mixers and mixing plants also retracted. Not even the strong performance in Europe could offset these losses.
Customers can use an online configuration tool to customise the new Generation 05 truck mixers to meet their individual requirements, choosing from a wide range of extra features.
Modern production for innovative concrete technology
One high point of the past year was the market launch of the new Generation 05 truck mixers, featuring a new steel composition that is more resistant to wear. These truck mixers are also more ergonomic due to the optimal positioning of the transfer chute. Flexible attachment options, which customers can select themselves, make the truck mixers even more user-friendly. An online tool is also available to customers to fully configure their own truck mixers. In the mixing plants business, the LCM 1.0 was introduced as a cost-effective, easily transportable mixing plant designed for especially price-intensive markets. Product highlights for the year also included innovative laboratory mixers in double-shaft and ring-pan models.
In the 2018 financial year, Liebherr concentrated its investments on its site in Bad Schussenried (Germany), where a concrete pump production facility will be constructed. A new logistics hall and state-of-the-art assembly line for truck-mounted concrete pumps are expected to generate synergy effects. The division is predicting rising sales for 2019.
* Restatement first time adoption of IFRS 9 / 15 / 16