LAMM-BNasdaq StockholmConsumer DiscretionaryIFRS · SEK

Lammhults Design Group

Lammhults Design Group is a Swedish furniture group that develops interior products and furnishing solutions for public environments and offices. Its business is organized around two operating areas, Office Interiors and Library Interiors, and it sells through a portfolio of Scandinavian design brands across multiple European markets and selected international markets.

Revenue879m SEK
+0.9 %y/y
Operating profit (EBIT)16.0m SEK
+118.1 %y/y
EBIT margin1.8%
+12.0 ppy/y
Net income-4.5m SEK
+95.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-25002505007501,000m SEK2020: 818 m SEK2020: EBIT -7.7 m SEK20202021: 828 m SEK2021: EBIT 39 m SEK20212022: 937 m SEK2022: EBIT 41 m SEK20222023: 959 m SEK2023: EBIT 21 m SEK20232024: 871 m SEK2024: EBIT -89 m SEK20242025: 879 m SEK2025: EBIT 16 m SEK202587916
RevenueOperating profit (EBIT)

Business

Share of revenue
Office Interiors66 %

Furniture and interior solutions for offices and other workplace environments.

Library Interiors34 %

Shelving, furniture, and fitted interior solutions for libraries and similar institutions.

Customers

The group sells to organizations that furnish offices, libraries, and other public environments, rather than to mass consumer retail. Buyers typically value design quality, functionality, durability, and the ability to deliver coordinated interior concepts across projects.

Office and workplace customers

Companies and organizations buying furniture and interior systems for offices, meeting areas, and collaborative spaces.

Libraries and public institutions

Libraries, educational institutions, and public bodies buying shelving and fitted interior solutions.

Architects and design specifiers

Professionals who influence product selection by specifying design, acoustics, and layout solutions.

Dealers and project partners

Resellers and project intermediaries that source branded interior products for end customers.

Strategy

The group’s strategy centers on strengthening its brands, improving the customer offering, and using design, innovation, and sustainability as differentiators. It also emphasizes closer coordination across brands and business areas to improve market reach, procurement, logistics, and overall competitiveness.

Brand development and portfolio strengtheningMedium term

Distinct brands and design identity support pricing power and project wins.

Cross-brand operational coordinationShort term

Shared purchasing, logistics, and sales channels can improve efficiency and market coverage.

Sustainability-led product and supply chain managementMedium term

Responsible sourcing and lower-impact operations are part of the value proposition and risk management.

Geography

Lammhults Design Group is headquartered in Sweden and has a strong Nordic base, with Sweden, Norway, and Denmark highlighted as key markets. The group also sells across the rest of Europe and to customers in other parts of the world, reflecting a geographically diversified project business.

Risks

The business is exposed to project-cycle volatility, competitive pressure in design-led furniture, and demand sensitivity in offices and public institutions. Reported risks also include supplier, production, transport, environmental, corruption, and human-rights risks, which are relevant because the group relies on a multi-brand supply chain and international sourcing and distribution.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Demand cyclicality in office and public interiors1Goodwill impairment risk2Supplier, production, and transport risk3Environmental compliance and sustainability execution4Corruption and ethical conduct risk5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Demand cyclicality in office and public interiorsImpact: HighLikelihood: High

    Orders depend on project timing and customer investment decisions, which can shift quickly.

    Exposure: Office Interiors and Library Interiors

  2. Goodwill impairment riskImpact: HighLikelihood: High

    The group carries goodwill tied to acquired brands and must test recoverability using future assumptions.

    Exposure: Acquired business units and brands

  3. Supplier, production, and transport riskImpact: HighLikelihood: Medium

    The group depends on external suppliers and logistics networks for materials and delivery.

    Exposure: Procurement and distribution chain

  4. Environmental compliance and sustainability executionImpact: MediumLikelihood: Low

    Failures in environmental controls can lead to remediation costs, legal issues, and reputational damage.

    ExposureManufacturingTransportSupplier chain
  5. Corruption and ethical conduct riskImpact: MediumLikelihood: Low

    International procurement and sales relationships increase exposure to improper conduct if controls fail.

    Exposure: Supplier and procurement relationships

Accounting

Judgemental items
Goodwill impairment

Acquired brands and units must be tested against expected future cash generation.

Impact: Can create large non-cash write-downs if assumptions weaken.

Expected credit losses

Project customers and intermediaries may have varying payment profiles.

Impact: Affects trade receivables and operating profit through provisions.

Warranty provisions

Furniture and interior products may carry post-sale obligations.

Impact: Influences gross margin and liability recognition.

Deferred tax assets

Recognition depends on the likelihood of future taxable profits.

Impact: Can materially affect equity and tax expense.

Lease accounting

Showrooms, offices, and other premises create right-of-use assets and lease liabilities.

Impact: Affects EBITDA-style metrics, depreciation, and interest expense.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Lammhults Design Group (LAMM-B) Revenue, Earnings & Financials 2025 – Clarifo