Samas office GmbH

Samas office GmbH sells office and object furnishings, carries out registry projects and provides computer technology as well as preparatory consulting and planning for businesses, administrations and public authorities. In the 2007/08 fiscal year the company generated sales revenues of €71,932k and a net profit of €2,338k, which was transferred to the parent company under the profit transfer agreement. The business is strongly shaped by large customers; sales with the top three customers increased significantly and the services segment (planning, disposal of old furniture, inventorying, furniture leasing, cable management, acoustics) expanded markedly. As a pure sales company without its own production facilities, it reported inventories of €6,213k and cash of €154k at the balance sheet date and aims to reduce inventories to lower capital tie-up.