Hoyer Group hits new high but UK division profit down


Hoyer Group has hailed its “highest turnover in its history” but conceeded challenges remain for its UK division. Ascribing the group’s success to a solid strategy, balanced portfolio and commitment to traditional family values, its UK Petrolog division had a tougher time than the group due to  the “general economic climate and the structural changes which are affecting in particular the UK retail petroleum market”. The Hamburg-based group’s turnover for the 2013 business year was €1.09bn (£872m); up 5.1% on […]