Liebherr reported container crane, mobile harbour crane (MHC) and reachstacker business showed stable development in 2017 despite its maritime cranes division registering a 10% fall in revenue.
The divisions’ revenue totalled €733m, a downturn of €83m from 2016, but the Switzerland-based company said container crane sales were strong in the American market, while MHC sales performed well in South America and Europe.
Liebherr stated: “The global market for mobile harbour cranes was marked by concentration tendencies, new competitors entering the market and low-level growth.
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