[ID] => 9649
[post_author] => 34
[post_date] => 2018-05-16 10:03:46
[post_date_gmt] => 2018-05-16 09:03:46
[post_content] => Germany-based logistics giant Hoyer has once again posted record financial figures, with group revenue in 2017 up by 1.2 per cent over 2016 at €1.20bn. Earnings before taxes rose from €40.4m last year to €40.6m, with a return on sales of 3.4 per cent. Group operational cash flow rose from €65.3m to €75.2m.
“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,” says Thomas Hoyer, chairman of the Advisory Board of the Hoyer Group.
These record figures follow on from a similar story in 2016, when Hoyer celebrated its 70th anniversary with a 0.3 per cent increase in turnover and its second-highest pre-tax profit in its history. At that time, Thomas Hoyer stressed the importance the group places on investing for the future, saying: “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.”
THE DITIGISED FUTURE
Those investments are continuing. Over the past year Hoyer has strengthened its operations in North America and Asia and is now active in more than 115 countries around the world. It also last year acquired CCR, a France-based lessor of intermediate bulk containers (IBCs) and small portable tanks. That deal catapulted Hoyer to the very top of the IBC leasing, CCR’s fleet of more than 14,000 units adding to Hoyer’s existing IBC fleet of more than 27,000 units. Along with further additions, Hoyer now boasts an IBC fleet that exceeds 43,100.
The other focus of Hoyer’s investment has been in its digitalisation strategy. The central element is the Smart Tank, which enables products in tank containers to be monitored by using innovative sensors. Over the course of 2017 Hoyer invested some €90m in innovative technology, continuing to equip its tank container fleet with complex telematics systems.
Ortwin Nast, CEO of the Hoyer Group, says: “We see innovation as an opportunity to fulfil our customers’ wishes better than others, and to design our processes to be more efficient, secure and economical.”
Hoyer says it aims to set new standards in transport and in networking customers, suppliers and goods in transit. To achieve this, the company has worked in partnership with Intermodal Telematics BV (IMT) to develop the appropriate hardware and software. This smart logistics system enables seamless monitoring of goods transported in tank containers at any defined point in time for Hoyer’s customers. This includes not only monitoring position but also the status of the transported goods with regard to their pressure, temperature, density parameters and filling level. A non-invasive filling level measuring system developed exclusively for Hoyer will solve a large number of technical challenges.
Hoyer started using its smart technology early in 2016, initially on a local basis for Bayer in Dormagen. Late last year it started working with Bayer in the US, ahead of a global roll-out.
[post_title] => Hoyer: Pay it forward
[post_status] => publish
[comment_status] => open
[ping_status] => open
[post_name] => hoyer-pay-forward
[post_modified] => 2018-05-21 10:09:09
[post_modified_gmt] => 2018-05-21 09:09:09
[post_parent] => 0
[guid] => https://www.hcblive.com/?p=9649
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[comment_count] => 0
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Another record year for Hoyer is testament to its well focused investment strategy, especially in the deployment of new technologies