In the business year 2007, the turnover of the Liebherr Group of Companies rose by 15.7 % or € 1,018 million to € 7,491, with increases recorded in all product divisions and in almost all sales regions.
In the earthmoving and mining division, an increase of 14.8 % or € 316.1 million to € 2,456.2 million was achieved. In the mobile cranes division, turnover rose by 18.4 % or € 252.6 million to a total of € 1,626.0 million. The most dynamic growth was recorded by the construction cranes and mixing technology division. Its products achieved a total increase in turnover of 28.4 % or € 201.6 million to € 910.8 million.
There was especially strong growth in the maritime cranes division, with turnover rising by 27.4 % or € 116.0 million to € 538.6 million. Turnover from refrigerators and freezers increased by 10.2 % or € 75.8 million to € 817.5 million. The machine tools and material flow technology division also grew again in 2007, by 4.8 % or € 9.5 million to € 208.3 million. The aerospace and transportation systems division can also look back on a successful business year. Turnover from aviation and rail vehicle equipment went up by 5.5 % or € 37.7 million to a new total of € 723.9 million.
Other products and services contributed € 209.7 million to the Liebherr Group’s total turnover, an increase of € 8.7 million or 4.3 %.
In 2007 the Liebherr Group invested a total of € 545.9 million, distinctly higher than the previous year’s figure of € 409.6 million. Factory premises were extended or renewed at numerous locations, and high priority was given to further development of the international sales and service network.
The Liebherr Group’s ongoing expansion was accompanied by a considerable increase in the number of employees. At the end of 2007, Liebherr employed a total of 29,660 people worldwide, 12.6 % or 3,323 more than at the end of 2006.
