HOYER achieves record turnover


HOYER, the transport and logistics service provider, reflects on a highly successful fiscal year.

The HOYER Group achieved turnover in 2017 of €1,203m ($1,436m), the highest sales in its history. This corresponds to 1.2% growth compared to the previous year of €1,189 ($1,419). The internationally oriented Hamburg family business plans further investments in the future.

Earnings before taxes (EBT) were at €40.6m ($48.4m) compared to €40.4m ($48.2m) in the prior year – the second highest EBT in the company’s history. The return on sales was 3.4%, as in the previous year, and the equity ratio of 41% is at a very high level (previous year: 42.2%). The operational cash flow of the HOYER Group was increased to €75.2m ($89.7m) compared to: €65.3m ($77.9m) in the previous year.

Thomas Hoyer, Chairman of the Advisory Board of the HOYER Group, comments, “More than 6,400 employees worldwide ensured a result in 2017 that is again above the sector average. We are very pleased with this closing figure.”

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