HOYER generates record earnings

Hamburg-based logistics provider publishes company report for 2014

Hamburg, 28 April 2015 – The transport and logistics service provider HOYER concluded the financial year 2014 with a thoroughly successful result. Turnover, at EUR 1,107m, was around EUR 20m above the level attained in the - also successful - previous year (EUR 1,087m). This growth in revenues exceeded the globally active Hamburg-based family-run company’s expectations.

Pre-tax earnings totalled EUR 38.6m (previous year: EUR 35.6m) with a pre-tax return on sales of 3.5 per cent (previous year: 3.3 per cent). The outcome of all this was that turnover and earnings both reached a record level. Aside from that, equity, too, developed positively in the financial year ended, rising to EUR 258m with an equity ratio of 42 per cent. 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 per cent) in 2014 was posted by the Gaslog business unit, which is responsible for transport logistics with industrial gases. This growth rate was almost equalled by the overseas activities bundled in the Deep Sea business unit: around 4 per cent more than in 2013. With 36 per cent, the Chemilog business unit again accounted for the largest proportion of the logistics specialists’ revenues, although it had to endure a slight decrease in its result. This was a consequence of the immense pressure on prices in the market and a barely increased production volume in the chemicals industry. The Petrolog (fuels and bitumen) and Foodlog (foods) business units both increased their turnover by 1 per cent over the previous year, while the Techlog business unit, which encompasses the HOYER Group’s technical activities and the Supply Chain Solutions business line, improved its earnings.

HOYER again made large-scale investments in its own fleet. In 2014, there were around 34,000 tank containers, 3,000 road tankers, 24,000 intermediate bulk containers and 2,500 trucks in action around the world for HOYER. The vehicles’ ongoing conversion to motor technology in compliance with the Euro-6 norm was accompanied by the increased use of electronic driving and monitoring assistants. In this way, HOYER again gave due consideration to the environment and safety in the interests of a corporate policy geared toward sustainability.

“In 2014, despite difficult general conditions and global economic growth that fell short of expectations, we again maintained our market position as one of the world’s leading providers of logistics solutions for liquid products”, says Thomas Hoyer, shareholder and Advisory Board Chairman at the HOYER Group. “Although we expect to see an increase in economic growth in 2015, we are also anticipating a persistently high intensity of global competition. We nevertheless intend to carry on growing in 2015 thanks to the expansion of our international activities and further strategic collaborations.”

HOYER will again be represented at the specialist trade fair transport logistic this year. The fair will take place in Munich from 5 to 8 May 2015 (stand 225/326 in Hall B4). On the open-air site Freigelände B4-5/2, HOYER will demonstrate its own specially developed training container that simulates the everyday processes such as loading, unloading and cleaning and illustrates the technical interrelationships for customers and other interested parties.

About the HOYER Group:
HOYER is an independent family enterprise dating back to 1946 which has become one of the world’s leading bulk logistics providers, offering comprehensive transport services and complex logistics solutions to the chemical, food, gas and petroleum industries. More than 5,100 employees in over 80 countries across the globe help its customers to become even more successful in their respective markets, with the aid of bespoke and sophisticated logistics solutions. HOYER operates 34,000 tank containers, 2,500 trucks, 3,000 road tankers, 24,000 IBCs, and numerous logistics facilities, transport depots, tank cleaning stations and specialist tank workshops.

Press contact:
HOYER GmbH Internationale Fachspedition
Ewelina Jankowski
Wendenstraße 414–424
20537 Hamburg
Phone: +49 40 21044 - 359 – Fax: +49 40 21044 - 455

The current company report 2014 is available under: