Liebherr Records Its Best-ever Turnover
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.