Hoyer beats benchmark of EUR 1 billion turnover in 2012 again

Business units of globally operating bulk logistician Hoyer developed differently in 2012; more than EUR 65 million investments
 
Despite difficult market conditions, international transport and logistics specialist Hoyer, with its headquarter in Hamburg, was able to achieve turnover of more than EUR 1 billion in the 2012 fiscal year. At EUR 1.034 billion, turnover was only slightly down on the company’s most successful year ever in 2011 (EUR 1.035 billion). In the light of the current tight market situation, Hoyer has positioned itself once again as one of the world’s leading providers of logistics solutions for the chemicals and foodstuffs industries, the company announces in a press release.
 
Earnings before tax amounted to EUR 32.6 million (2011: EUR 37.3 million). The return on sales of 3.2 per cent (2011: 3.6 per cent) was above average for the sector. The equity ratio rose to 40 per cent. In 2012 they invested more than EUR 65 million in the expansion of the company – markedly more than in the previous year (around EUR 40 million). The fleets of tank, gas and intermediate bulk containers and tanker trailers were enlarged. However the focus was on strategic investments and, in this context, Hoyer purchased a majority stake in the Turkish forwarder Aktifsped, amongst other acquisitions. The company also concluded an agreement with Russia’s leading logistics group FESCO, covering operation of intermodal transports in the country.
 
The segments of business in which Hoyer is active have shown widely varying trends in 2012. Thus sales from overseas activities could be increased by ten per cent over the previous year. The quantity of transports also moved ahead of the 2011 level. Sales by the company’s European chemicals logistics business grew by three per cent. This was due particularly to the contribution of European intermodal shipments. The Supply Chain Solutions (SCS) division, which develops complex logistics solutions for HOYER’s customers far beyond pure transport, also moved ahead.
 
Sales in the petroleum logistics business (supply of gas stations and transport of bitumen) rose by one per cent against the previous year. Sales in the liquid foodstuffs and industrial gases logistics businesses on the other hand dropped in the past fiscal year. The primary reason for this was due to the highly price-aggressive competitive environment.
 
Hoyer is an independent family enterprise and has become one of the world’s leading bulk logistics providers, especially for the chemical, food gas, and petroleum industries. 5,000 employees in over 80 countries operate more than 2,500 trucks, 3,100 trailers, 22,000 IBCs, 30,000 tank containers and numerous logistics sites with depots, washing facilities and workshops.

Quelle: LogEastics

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