Liebherr has published its results for 2025, showing lower sales of mobile and crawler cranes, but substantially higher tower and maritime crane revenues.
Mobile & crawler cranes
The mobile and crawler crane business, based in Ehingen, saw revenues for the full year decline 6.8% to €3.65 billion, following a sharp rise in 2024.
The geographic split in sales was as follows: (xx%) =2024 share
European Union – 40.3% (38.1%)
Non Eu Europe – 8.7% (8.9%)
North America – 28.7% (29.8%)
South & Central America – 3.1% (2.8%)
Africa – 7.3% (7.2%)
Asia & Oceania – 11.9% (13.2%)
Tower cranes
The tower crane business saw revenues jump 28.9% to €406 million, following a sharp fall in 2024.
The geographic breakdown of sales was as follows: (xx%) =2024 share
European Union – 60.6% (55.9%)
Non-EU Europe – 14.3% (15.6%)
North America – 3.3% (6.0%)
South & Central America -7.1% (1.6%)
Africa – 3.4% (7.9%)
Asia & Oceania – 11.3% (13%)
Group Result
The group as a whole saw revenues increase by just one percent to €14.77 billion, while the pre-tax profit plummeted just over 29 percent to €437 million, due entirely to higher people and other operating costs. As an aside, the combined total of Liebherr’s crane businesses had revenues in the region of €5.7 billion, or roughly 38 percent of its total revenues.
Key Takeaways:
- Demand for project-based lifting (tower cranes) is clearly rebounding
- Mobile cranes facing slowdown, likely due to cyclical infrastructure demand
- Market shows segmentation trend: construction vs general lifting diverging