OUR VISION AND MISSION

König + Neurath AG is an internationally-active provider of office furniture and room solutions. They support companies through a transformative process – with differentiated style collections, a diverse product portfolio and digital products. The company is not listed on the stock exchange.

In the consolidated financial statement, E. König GmbH & Co. KG Holdinggesellschaft as well as König + Neurath AG and all subsidiaries are included in full in the consolidated accounts.

Turnover for the group for the 2020 business year was 138.8 m euros, which was around 30.1% down on the previous year 2019 (198.7 m euros). The group turnover is considerably influenced by the turnover development of König + Neurath AG. The reason for this significant drop in turnover is the consequences of the Covid-19 pandemic. Due to the drop in orders during 2020, some employees were put on short time. As a result there was a considerable drop in units produced, in office furniture and seating as well as room systems.

The consolidated financial statement for the 2021 business year was not available at the date of publication of this report.

König + Neurath AG offers customers a comprehensive portfolio of office furniture and room solutions. As well as standard products, the company also manufactures custom solutions tailored to customer needs. The production site has its own metal and wood processing facility, and there is an in-house assembly line at the company headquarters in Karben near Frankfurt am Main. This is where around 850 of their employees develop, plan, produce and market office furniture, seating and room systems for the national and international office furniture market on a production site covering approx. 77,000 m².

Throughout Germany, in addition to the headquarters with showroom in Karben, there are a further five showrooms in Hamburg, Berlin, Düsseldorf, Böblingen and Munich. The company is also represented internationally with sites in France, the United Kingdom, Switzerland and the Netherlands.

König + Neurath AG’s main export markets are Switzerland, France, Great Britain and the Benelux countries. In all, the company also exports to countries worldwide, spanning western and eastern Europe, the Middle East and Asia. 80.6% of turnover was generated in Germany in 2020 however. The sectors supplied include specifically industry, retail, service, banks and insurance companies. The main customers are dealers and trade partners.