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Lammhults Design Group
Lammhults Design Group (LAMM) investor relations material
Lammhults Design Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary13 Feb, 2026
Executive summary
Q4 2025 ended on a stable note with increased order intake and improved gross margins despite a weak market environment.
Order intake increased by 3.5% and order backlog was 13% higher year-over-year.
Adjusted operating profit for Q4 was 19.8 MSEK, with an adjusted margin of 7.9%.
The cost impact of the restructuring program concluded in Q4 2025, with full effects expected by end of 2026.
Full-year revenue was nearly flat year-over-year, with a notable improvement in adjusted operating profit and margin.
Financial highlights
Q4 2025 revenue was 250.5 MSEK, down 4.1% year-over-year; full-year revenue was 878.5 MSEK, up 0.9% year-over-year.
Adjusted gross margin for Q4 improved to 37.9% from 37.5% in Q4 2024; full-year adjusted gross margin was 37.1%, up 1.7pp year-over-year.
Free cash flow including leasing was 42.3 MSEK in Q4 and 42.2 MSEK for the full year.
Adjusted operating profit for the full year rose from 4.1 MSEK to 27.8 MSEK, with margin up from 0.5% to 3.2%.
Q4 result after tax was -3.7 MSEK; full-year result after tax was -4.5 MSEK.
Outlook and guidance
Ongoing focus on efficiency, cost savings, and forward-looking initiatives, with full effects of the restructuring program expected by end of 2026.
Long-term ambition remains growth and an EBIT margin of 8-10%.
Management remains cautiously optimistic.
How will remaining 15 MSEK action program impact be realized?
What drives Office Interiors' Q2 2026 order stock increase?
Detail path to 8-10% EBIT margin target
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Next Lammhults Design Group earnings date
Q1 202628 Apr, 2026
Lammhults Design Group
Next Lammhults Design Group earnings date
Q1 202628 Apr, 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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