Liebherr Records Its Best-ever Turnover

April 12, 2018

(Phjoto: Liebherr)
(Phjoto: Liebherr)

Switzerland based equipment manufacturer Liebherr Group reports its 2017 turnover was the highest in the group's history, with total sales of €9,845 million.

The company’s 2017 revenue increased 9.3 percent compared to the previous year, a trend the group says it believes will continue in 2018.

The group posted a net result of €331 million for 2017, an increase of €33 million or 11.1 percent compared to the previous year.

Liebherr reported a significant improvement in the operating result in the reporting year. Following the positive effects of currency movements in the previous year, the financial result, on the other hand, fell sharply, the company said.

Logistics News

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

Subscribe for Maritime Logistics Professional E‑News

Boeing 737 MAX fraud case cleared by jury
Ships transporting Middle East oil and LNG leave Hormuz on their way to Pakistan and China
ADB provides $5 billion to Bangladesh in response to economic pressures