• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Market Reports

HOYER closes anniversary year with turnover growth

23rd May 2017
in Market Reports, Roadways
0
SHARES
28
VIEWS
Share on FacebookShare on Twitter

The transport and logistics services provider HOYER announces slight turnover growth in the fiscal year 2016 just ended. The turnover of EUR 1,189m was 0.3 per cent above the previous year’s turnover (EUR 1,185m). Thus the Hamburg family-owned company continues its sustained positive business trend in the 70th year of its existence.

The earnings before tax amounted to EUR 40.4m, representing the second-highest pre-tax result in the company’s history (previous year: EUR 43.2m). Return on sales was 3.4 per cent (previous year: 3.7 per cent). The equity ratio of 42.2 per cent was somewhat higher than in 2015 (41.8 per cent). The number of staff employed by HOYER rose above 6,000 for the first time. This means a total of 6,079 employees worked for the company in the anniversary year 2016.

The HOYER Group’s investment volume remains high, amounting to EUR 102.2m in the 2016 fiscal year (previous year: EUR 112.7m). In this respect, current low transport equipment procurement costs were utilised to rejuvenate and modernise the tank container fleet. HOYER Group shareholder and Chairman of the Advisory Board Thomas Hoyer said:

“The size of our annual investments is astonishingly high compared to other family businesses in the logistics market, as well as in manufacturing or consumer goods industries.People often talk to me about this, but it is a particular feature of bulk transport and its special requirements. These major investments will prove to be good decisions in the medium and long term.” In the context of digitisation, HOYER has started equipping containers with smart technology and is investing in high-performance, secure IT systems that guarantee connectivity to the various customer’s systems.

The Hamburg logistics specialist has a worldwide presence, and in addition to transport services for the chemical industry, it also offers gas logistics services, foodstuffs transport and fuel deliveries to service stations, airports and industrial plants. The HOYER Group is increasingly involved in the area of Supply Chain Solutions (SCS). This business line generated considerable turnover growth of 18 per cent in 2016 compared to the previous year.

Accordingly, the overarching Chemilog business unit again contributed the largest proportion (31 per cent) of HOYER’s overall turnover. The volume of transport was maintained at the previous year’s level both in this business unit and in the Deep Sea business unit (overseas activities), although with slight turnover decreases due to the sustained margin and price erosion in the market. The Gaslog business unit held its ground in this challenging environment, and confirmed the previous year’s good figures. The Petrolog business unit recorded turnover growth of 9 per cent, comprising mainly supplies to service stations. The HOYER Group has combined its asset management processes in the newly-created Netlog business unit since 2016.

In the bottom line, HOYER closes the fiscal year with above-plan earnings despite difficult economic framework conditions and market uncertainties in view of political developments in Europe and the USA. In the service station supply and SCS area, for example, the trend in the order situation is good. Long-term forecasts for chemicals production are also positive and consequently the company sees itself as well positioned for the future, and plans to expand further its market position as one of the leading worldwide suppliers of logistics solutions for the transport of liquids in the coming years.

About the HOYER Group:
HOYER, a traditional independent family business, has been one of the world’s leading bulk logistics providers since 1946. As a specialist it has extensive know-how in the provision of complex services, and has special customer proximity. It develops and implements comprehensive solutions in European and worldwide bulk logistics, particularly in the chemical, food, gas and petroleum industries. For this, 6,100 employees in more than 115 countries support clients with well thought-out logistics solutions to make them even more successful in their respective markets. HOYER owns around 2,400 trucks, 2,900 road tankers, 27,200 IBCs, 37,200 tank containers and numerous logistics installations with depots,cleaning plants and workshops.

Press contact:
HOYER GmbH Internationale Fachspedition
Ewelina Jankowski
Wendenstraße 414–424
20537 Hamburg
Germany

Tel.: +49 40 21044 – 359
Fax: +49 40 21044 – 455
www.hoyer-group.com 

presse@hoyer-group.com

 

Previous Post

Tejas Express: India’s first high-speed train leaves Mumbai, is now on its way to Goa

Next Post

Railtex 2017 attracts nearly 10,000 industry specialists

Related Posts

Scan Global Logistics once again expands its global network with the acquisition of Sand Road Freight
News

Scan Global Logistics once again expands its global network with the acquisition of Sand Road Freight

2nd June 2023
5 Best Practices In Temperature-Controlled Logistics Segment
News

5 Best Practices In Temperature-Controlled Logistics Segment

1st June 2023
Welsh transport network transformation to continue despite COVID-19
News

Network Rail publish a £44bn 5-year rail plan

25th May 2023
Nippon Express Italia Achieves CEIV Pharma Recertification
News

Nippon Express Italia Achieves CEIV Pharma Recertification

20th May 2023
Mahindra Logistics expands global reach with cargo charter operations in Dubai
News

Mahindra Logistics expands global reach with cargo charter operations in Dubai

19th May 2023
Ireland's first all-electric town bus service launched in Athlone
News

Milton Transit to operate Canada’s first-ever diesel to electric powered bus

28th April 2023
Next Post

Railtex 2017 attracts nearly 10,000 industry specialists

Latest Post

Airways

Middle Eastern Airlines Witness A Significant Drop In Demand

3rd June 2023
Canadian logistics technology company Machool fosters its presence by entering into partnerships with Spring GDS and Air Canada Cargo
Airways

Canadian logistics technology company Machool fosters its presence by entering into partnerships with Spring GDS and Air Canada Cargo

2nd June 2023
WFS to boost logistics infrastructure at BLR as perishables trade grows
Airways

WFS to boost logistics infrastructure at BLR as perishables trade grows

2nd June 2023
Scan Global Logistics launches SAF pilot project with Majid Al Futtaim Lifestyle
Airways

Scan Global Logistics launches SAF pilot project with Majid Al Futtaim Lifestyle

25th May 2023
Airways

DHL Global Forwarding Opens $1.5m Pharmaceutical Facility

18th May 2023
Qatar Airways Cargo Transpacific Freighter Route
Airways

Qatar Airways Cargo relaunches Next Generation Pharma

29th April 2023
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.