Liebherr 2024: Record sales despite decline in cooling devices!

Liebherr 2024: Record sales despite decline in cooling devices!

Friedrichshafen, Deutschland - The Liebherr Group completed the year 2024 with a record sales of around 14.6 billion euros. This represents the highest sales in the history of the company. The comparison of sales for the previous year shows an increase of 580 million euros or 4.1 percent. However, the annual report in 2024, published on April 2, also reveals that some product segments are affected by a steamed demand, especially in the construction industry in Germany. This Situation significantly affects parts of the company, such as dolomitenstadt.at reported.

A special decline was recorded in the division of the cooling and freezer. Here sales fell by 1,095 million euros, which corresponds to a decline of 76 million euros or 6.5 percent compared to the previous year. The market for electrical equipment declined for the third time in a row in 2024. This was also reflected in the falling demand in Germany, the largest market for Liebherr. Despite these challenges, the company is optimistic. Signs of recovery in the consumer climate could lead to a slight improvement for 2025, supported by higher consumer confidence and falling interest.

segment analyzes and challenges

The various product segments from Liebherr developed differently. While the construction machinery and mining division was able to grow by 3.5 percent to just under ten billion euros, the construction industry, especially in Germany, remains weak. In the areas of Maritime cranes and aerospace, however, the company showed a positive growth of 5.5 percent. This information was made by SWR.de added.

The Liebherr Group also invested heavily in research and development in 2024, a total of 989 million euros, with 666 million euros flowing into the development of new products and technologies. The focus was on alternative drives, digitization and autonomy. These investments are crucial for the further development of the company, especially at a time when some markets are stagnating.

The future of Liebherr

Although the profit dropped to 258 million euros in 2024, which corresponds to a break -in of over 100 million euros compared to the previous year, the company looks optimistically into the future. The financial year 2025 is expected to grow slightly, despite the challenging framework. In Asia and North America there was growth, while there were slight declines in Europe and South America. Particularly strong declines were recorded in the company's core markets.

The Liebherr Group's employee stand increased to 54,728 at the end of the year, which means an increase of 1,069 employees compared to the previous year. This indicates that despite the global market conditions, the company is able to create jobs and to promote its growth.

The comprehensive investments in research and development underline the efforts of Liebherr to deliver innovative solutions in order to meet the requirements of customers and to master future challenges. The focus on sustainable technologies such as hydrogen and emission -free machines illustrates the company's long -term approach to fulfill emission goals and environmental standards, as in Liebherr.com addressed.