Lammhults Design Group AB (LAMM_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

And a warm welcome to the presentation of the second quarter for Lammhus Design Group. My name is Susanna Hillesko, I am the CEO and CEO of Lammhus Design Group and on my side I have Jesper Langebro who is CFO. Let's start the presentation. And we note that we continue the year in a stable way. We have a development that is in line with the first quarter, even during the second quarter. We have an order entry in the group that is at the level of Q2 2020-2024. And we have an order stock at the end of the period that is 23% higher compared to the previous year. This gives us positive outlook for the second half of the year. The sales during the quarter were on the same level as in 2024. The adjusted gross margin increased from 3.3% to 37.2%. The adjusted sales result improved from 13.8 million to 0.2 million kronor compared to previous years. If we look at it from a business perspective, we can see that the gross margin has improved by 3.3%. This is a result of the implementation of margin-raising measures. It is a collection of different measures in a larger or smaller scope. We are talking about price increases, we are talking about higher capacity utilization and cost savings within the production organization and supply chain. Förbättringen av det justerade rörelseresultatet med 13,8 miljoner till 0,2 miljoner plus är då relaterat till verksamhetseffektiviseringar, då pratar vi marginalhöjande åtgärder igen, kostnadskontroll, ökad samordning och synergier. Vi konstaterar även att åtgärdsprogrammet som lanserades 2024 ger effekt And we still expect that a larger part of this program will show results at the end of 2025. And we have two business areas, partly the Office Interiors business area, which undergoes a transition with the coordination of the sales organizat...