Sweden's Lammhults Design Group posts Q2 adjusted operating loss, hurt by higher costs

Lammhults Design AB

14/07/2026 12:10

Overview
Sweden furniture group's Q2 net sales rose 3.3% yr/yr amid weak market conditions
Adjusted operating profit for Q2 was negative, reflecting weak demand and rising costs

Outlook
Company says market conditions remain challenging with weak demand and lengthy customer decision cycles
Company maintains ambition to achieve EBIT margin of 8–10% in a normalised market
Company expects temporary surcharge to offset rising freight and component costs gradually

Result Drivers
LIBRARY INTERIORS GROWTH - Co said Library Interiors business area delivered strong sales growth, up 18.2% yr/yr
OFFICE INTERIORS DECLINE - Co said Office Interiors sales fell 2.6% yr/yr despite product launches and portfolio renewal
COST PRESSURES - Co cited rising freight and component costs, and introduced a temporary surcharge to mitigate impact

Company press release: ID:nWkrzGDjW

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Sales
 
SEK 219.60 mln
 
Q2 Adjusted Gross Margin
 
34.80%
 
Q2 Adjusted Operating Income
 
-SEK 3 mln
 
Q2 Free Cash Flow
 
-SEK 13.30 mln
 
Q2 Order Backlog
 
SEK 235.40 mln

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)