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Lammhults Design Group (LAMM) investor relations material
Lammhults Design Group Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary11 Jul, 2025
Executive summary
Revenue for Q2 2025 was SEK 212.5m, nearly unchanged year-over-year; H1 revenue reached SEK 422.6m, up 0.4% from H1 2024.
Adjusted operating profit improved to SEK 0.2m in Q2 (from -13.6m) and SEK 1.1m in H1 (from -23.3m), reflecting cost control and efficiency measures.
Order intake was stable in Q2 (+0.1%) and up 5.3% for H1; order backlog at period-end was 23% higher year-over-year.
Library Interiors delivered stable sales and higher order intake; Office Interiors saw strong growth in Norway but a softer Swedish market.
Ongoing restructuring and a new go-to-market strategy are driving operational improvements and margin gains.
Financial highlights
Adjusted gross margin rose to 37.2% in Q2 (from 33.9%) and 36.5% in H1 (from 33.8%).
Net loss after tax was SEK -4.0m in Q2 (improved from -12.3m) and SEK -4.0m in H1 (from -22.2m); EPS was -0.47 SEK in both periods.
Free cash flow (including leasing) improved to SEK -6.0m in H1 (from -28.1m).
Investments totaled SEK 10.4m in H1, mainly in production tools, property expansion, and product development.
Equity ratio at period-end was 52.5% (down from 56.8%); net debt was SEK 153.7m.
Outlook and guidance
Order backlog is expected to support sales in Q3 and Q4 2025.
Management maintains guidance for a positive net effect of SEK 30–40m annually from the restructuring program, with full impact expected by Q4 2025.
Market remains subdued, but the company is focused on growth and achieving an EBIT margin target of 8–10%.
Assess the impact of the new GTM strategy.
How will Office Interiors improve profitability?
What is the status of the action program?
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Next Lammhults Design Group earnings date
Q3 202529 Oct, 2025
Next Lammhults Design Group earnings date
Q3 202529 Oct, 2025
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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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