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Liebherr decreases slightly in 2016

HELEN WHITMAN, LE 27 AVRIL 2017
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Liebherr decreases slightly in 2016
The Liebherr Group has announced the achievement of the third highest total turnover in its history with € 9 bn in 2016, in spite of a difficult economic environment. This represents a decrease of € 228 million or 2.5% compared to 2015, a record year.

Liebherr underlines that the sales revenue could be increased in Western Europe, the most important sales regions for the company, and the growth can be attributed particularly to Germany, the largest market and also to the significant development occurred in other important markets such as France, Netherlands and Italy. For United Kingdom, the sales declined slightly.

PUBLICITÉ
In the field of construction and mining machinery, Liebherr announced a fall in sales of € 224 million (-4%) for a turnover of € 5.4 bn. For other sectors, including sea cranes, aerospace and rail etc.. the turnover remained stable at € 3.6 bn.

In 2016, the Liebherr Group recorded an annual profit of € 298 million, thus remaining at the level of 2015. The financial result has increased significantly, thanks in particular to the positive influence of exchange rates. Operating income, on the other hand, declined sharply.

In line with the global economy, which is expected to evolve more positively than in 2016, Liebherr expects to increase its turnover in 2017. 



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