Against a background of moderate international economic development, Liebherr recorded a slight change in turnover for the 2014 business year, with a total of ?8,823 million, 1.6 per cent below the previous year?s figure (?141 million). The international economic situation continued to recover in 2014, though to different extents from one country to another. Global economic growth for the year was 3.4 per cent.

At +1.8 per cent compared with the previous year, the dynamism of the developed national economies slightly increased. Economic growth dropped slightly in emerging markets, with growth of 4.6 per cent in the past year compared with 5.0 per cent in 2013

Liebherr?s construction machinery and mining division achieved a turnover of ?5,294 million, ?336 million or 6 per cent below the previous year?s figure. The result was positive, however, in the area represented by the maritime cranes, aerospace and transportation systems, machine tools and automation systems, domestic appliances, components and hotels divisions, with an increase in turnover of ?195 million or 5.8 per cent to ?3,529 million