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Edge16 Aug 2024
The Småland Spirit: How Rural Sweden Birthed Giants Like IKEA
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Lammhults Design Group
Lammhults Design Group (LAMM) investor relations material
Lammhults Design Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Net sales for Q3 2025 increased by 8.9% year-over-year to 205.4 MSEK, with both Office Interiors and Library Interiors contributing to growth.
Adjusted operating profit improved to 6.9 MSEK (4.4 MSEK last year), and adjusted operating margin rose to 3.4% (2.3%).
The group continued its efficiency and transformation program, focusing on cost savings and organizational changes.
Despite a weak market, gradual profitability improvements were achieved, especially in Norway.
Financial highlights
Net sales for January–September 2025 rose 3.0% year-over-year to 628.1 MSEK.
Adjusted operating profit for the period was 8.0 MSEK, up from -18.8 MSEK, with a margin of 1.3% (-3.1%).
Result after tax for Q3 was 3.2 MSEK (0.1 MSEK last year); for the nine months, -0.8 MSEK (-22.1 MSEK last year).
Free cash flow including leasing for the period was -0.1 MSEK (-32.1 MSEK last year).
Equity per share at period end was 47.07 SEK (57.12 SEK last year).
Outlook and guidance
The transformation and efficiency program is expected to yield a positive net effect of 30–40 MSEK on annual operating profit after full implementation, targeted for Q1 2026.
Management maintains the ambition to reach an EBIT margin of 8–10%.
Action program: When full 30-40 MSEK EBIT impact?
What is the outlook for weaker markets like Sweden/Germany?
How do strategic investments affect Office Interiors' profit?
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Next Lammhults Design Group earnings date
Q4 202513 Feb, 2026
Lammhults Design Group
Next Lammhults Design Group earnings date
Q4 202513 Feb, 2026
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Frequently asked questions
Lammhults Design Group, together with its subsidiaries, develops, manufactures, markets, and sells office and home, and public interiors in Sweden and internationally. It offers products for hotels and restaurants; and for healthcare environments. The company was founded in 1945 and is headquartered in Lammhults, Sweden.
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