HOYER, the transport and logistics services provider has announced slight turnover growth in the fiscal year 2016 just ended. The turnover of €1.189m was 0.3% above the previous year’s turnover (€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 €40.4m, representing the second-highest pre-tax result in the company’s history (previous year: €43.2m). Return on sales was 3.4% (previous year: 3.7%). The equity ratio 42.2% was somewhat higher than in 2015 (41.8%). 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 €102.2m in the 2016 fiscal year (previous year: €112.7m). In this respect, current low transport equipment procurement costs were utilised to rejuvenate and modernise the tank container fleet.
... to continue reading you must be subscribed
