Hoyer profit falls as it warns of “challenging” future


 

Hoyer says 2012, and the medium term future, will be a “challenging period” as the bulk liquid giant reported a 6.8% fall in pre-tax profit to £3.5m for the year ending 31 December 2011 (2010: £3.8m). Turnover for the period also fell, by 3% to £133m (2010: £137.7m) according to results filed at Companies House. In its air gas business, Hoyer saw turnover reduce by some £3m following the loss of the Air Liquide contract at the end of August […]