Annual report 2022

Difficult general conditions, the ongoing coronavirus pandemic, and rapidly rising food and fuel prices slowed economic growth and development in the past business year. Nevertheless, the Liebherr Group achieved increases in turnover, some of them significant, in ten of its 13 product segments, surpassing the previous turnover record set in 2021 by €950 million. The number of employees also increased. At the end of the year, Liebherr employed 51,321 people worldwide.

Numerous research projects with universities, colleges and research institutes were initiated and continued in 2022. Liebherr invested a total of €588 million in research and development to, as a technology company, play a key role in shaping the industry’s technological progress. The Group also continued to invest in production facilities and the sales and service network.

In addition to detailed key figures on the development of the Group, the annual report published on 3 April, 2023 also contains an interview in which the family shareholders Dr. h.c. Dipl.-Kfm. Isolde Liebherr, Dr. h.c. Dipl.-Ing. (ETH) Willi Liebherr, Jan Liebherr and Patricia Rüf draw their conclusions for 2022. Insights into research and development are also provided in the magazine article "The best of all worlds" which deals with the topics of alternative drives and the technology-neutral approach at Liebherr.

To the annual report