Loading...
Loading...
hamburg-based-hoyer-group-has-announced-a-record-financial-year-for-2014
hamburg-based-hoyer-group-has-announced-a-record-financial-year-for-2014

Hamburg based HOYER Group has announced a record financial year for 2014

0

The transport and logistics service provider HOYER concluded the 2014 financial year with a thoroughly successful result of €1.107bn – around €20m more than the level attained in the, also successful, previous year total of €1.087bn.

Pre-tax earnings totaled €38.6m (previous year €35.6m) with a pre-tax return on sales of 3.5% (previous year: 3.3%).

Therefore, both turnover and earnings reached record levels. Aside from that, equity, too, developed positively in the financial year ended, rising to €258m with an equity ratio of 42%. The number of employees, too, is increasing: all in all, the company employed 5,098 people in 2014.

The Hoyer Group offers a broad portfolio of services ranging from global chemicals transportation, food transport and gas logistics solutions to the provision of gas stations, airports and industrial plants with fuel. The largest percentage increase in turnover (5%) in 2014 was posted by the Gaslog business unit, which is responsible for transport logistics with industrial gases. This growth rate was almost equaled by the overseas activities bundled in the Deep Sea business unit: around 4% more than in 2013.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...