HOYER closes anniversary year with turnover growth
The transport and logistics services provider HOYER has announced slight turnover growth in the fiscal year 2016. The turnover of €1,189m was 0.3% above the previous year’s turnover (€1,185m). 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.
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.”
For more information visit www.hoyer-group.com
11th June 2017