Mixed picture for Hoyer Group
The Hamburg-based Hoyer Group, which operates worldwide for the chemical, petroleum, gas and foodstuffs industries, has reported stable figures for 2020. Turnover declined by 1% to EUR 1.12 billion (2019: EUR 1.18 billion).
While the equity ratio rose slightly to 44.5% (2019: 43.5%), ebit went down by 9-8% to EUR 34.4 million (2019: EUR 38.1 million). In the course of 2020, demands were reduced, especially in transport logistics for European service stations and airport supplies, and for the chemical industry.
Overseas logistics and technical services such as workshops and depot facilities recorded increased demand. In the chemical and gas categories, Hoyer recorded both product-specific downturns as well as demand peaks, in transport logistics for disinfectants, oxygen and dry ice, among other segments.
The group invested EUR 76 million in upgrading its tank container fleet by adding equipment with special coatings or heating systems, in expanding the intermediate bulk container fleet and in refitting tank containers with sensor systems. The entire tank container fleet will be digitally equipped in 2021. (sh)