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Corporate conduct

Financial stability, environmental and social commitment and strong, reliable customer and supplier relationships are particularly important to us. We want to actively shape our future with a responsible presence both in our local area and on the market. You can find data on these topics in our listings.

Value creation

* Correction of the previous year's figure.
Value creation 2023 2022 2021 2020 2019
Turnover [T€] 150,053 147,678 134,768 118,026 130,580
Investments [T€] 7,662 1,464 1,641 1,401 1,702
Equity ratio Approx. 77% 77% 77% 73% 71%

Suppliers

Supplier structure 2023
Signed Supplier Code of Conduct 87%
Supplier self-disclosure 82%
Main suppliers in the rating system 23
Supplier audits carried out 4

Since the vertical range of manufacture at ASSMANN is relatively low, suppliers play a key role in terms of sustainability.  Supplier selection and evaluation is carried out jointly by a team of employees from the Quality, Materials Management, Production, Purchasing and Sustainability departments.  Potential suppliers are issued with a mandatory self-disclosure form that surveys their willingness to contribute to sustainability. This may be subsequently reviewed via a supplier audit. The topics covered also include questions about human rights and working and social conditions. ASSMANN requires suppliers to confirm their willingness by committing to its Code of Conduct for suppliers. In addition, the 23 most important suppliers – approx. 15 per cent of our total suppliers – are subjected to a monthly supplier evaluation conducted by the divisions listed above using an in-house system. Every year, around 20% of these suppliers are assessed in a supplier audit.  These measures are used to assess potential and current suppliers with regard to risks relating to sustainability criteria. In addition, the requirements of the EUTR (European Trade Regulation) and the EUDR (European Deforestation Regulation) mean that a due diligence system is in place to check that our timber suppliers use sustainable logging methods. If a company does not fulfil the requirements and there is a high risk with regard to quality, reliability or sustainability, our first step towards correcting this is to define measures for improvement. If there are no improvements in the long term, the supplier is dropped or specific products are discontinued. Every year, the best supplier who has impressed the most in all categories receives an award. The Best Supplier Award for 2023 was presented to OMT and Egger. 

Supplier distance range

Supplier distance range (97.5% of the 2023 purchasing volume for products/services) Number of suppliers [%] Purchasing volume [%] Number of production material suppliers [%] Average distance of incoming deliveries [km]
0–50 km 22.8 14.1 30.2 28
51–100 km 16.3 21.3 24.5 71
101–250 km 21.7 24.0 26.4 174
251–500 km 7.6 6.1 5.7 371
501–1,000 km 26.1 19.3 9.4 682
> 1,000 km 5.4 15.2 3.8 5,199
Total 100.0 100.0 100.0  

Donations

Donations 2023 2022 2021 2020 2019 2018
Corporate donations 2,627 EUR 3,723 EUR 2,773 EUR 3,383 EUR 9,993 EUR 35,843 EUR
Donations, voluntary aid 84,415 EUR 47,527 EUR 40,415 EUR 55,699 EUR 92,823 EUR 78,474 EUR

Market coverage and customer structure

Areas (T€) 2023 2022 2021 2020 2019 2018
Germany 138,589 136,454 125,424 110,879 117,766 116,685
Exports 11,464 11,224 9,344 7,147 12,589 12,365
Total 150,053 147,678 134,768 118,026 130,355 129,050

Customer structure

Customer structure in % 2023 2022 2021 2020 2019 2018
Specialist retailers 78 77 75 86 92 91
End customers 22 23 25 14 8 9
Total 100 100 100 100 100 100

Key figures

Key figures 2023 2022 2021 2020 2019
Turnover (T€) 150,053 147,678 134,768 118,026 130,355
Employees (incl. trainees as of 31 December) 422 400 392 361 375
Working hours 615,954 613,363 601,336 595,973 636,251
Pieces of furniture 413,694 438,248 468,332 446,888 503,442