Lammhults Design Group AB

Välkomna till presentationskommuniken för Lammhus Design Group för det fjärde kvartalet 2024 och hela året. Mitt namn är Susanna Hillerskog, jag är vd och koncernchef i koncernen och vid min sida har jag Jesper Langebro som är CFO.

Godmorgon alla.

Då börjar vi presentationen med en sammanfattning av det fjärde kvartalet och vi konstaterar att vi end the year in the underlying business in a strong way, despite the fact that we are still in a fairly weak market. We have a adjusted sales result in the quarter, which is 64% to 22.9 million, compared to the corresponding period last year. The adjusted The EBIT margin goes up to 8.8% and the corresponding period last year was 5.4%. The reinvested gross margin is 1.6% to 37.5%. And we see a positive development for both revenue, ordering and the quarter, and at the same time we have an order stock when we leave the period that is 14% higher than what we saw at the beginning of the previous year. And we also note that both the business area Library Interiors and Office Interiors ends in the quarter. At the same time as we communicated under Q3, we load the quarter with the cost of restructuring, which is related to the initiated grant program. And in parallel with the overview that we have done of the entire group, we also write down The overall value is related to Goodwill and goods. The total result impact in the quarter for these measures amounts to 92.6 million kronor, each of 3.3 million is cash flow impact and we will come closer back to these measures during Jesper's presentation when we get closer to the figures. If we look at From the perspective of the company, what we have worked with during the fourth quarter, we can state that the quarter was influenced internally by an intensive work with the initiated proposal program, which we then reported on in the Q3 report. Outside the company, we saw two of our business areas, or the brands Abstrakta and Ragnas, stand out at the Stora Orgatec Mestan in Cologne. together with over 700 other exhibitors from 40 countries, so it was an important platform for us to show our products and solutions. Ragnas agreed, in connection with Orgatech, that together with new products that come from prestige-filled projects, both at home and abroad, to include this presentation with a new brand platform. Fora Form was launched in Storbad last year. In November, we received a prize, which is the prize of the readers, in the design magazine Blåbädre in Norway, which we are very happy about, given that it was the prize of the readers, given that this is a product that has been developed for the contract market. And when it comes to the digital side of the work, we have then worked with continued implementation of a new business system within the business area Library Interiors. And this is for the effectiveness of our processes. And when it comes to the customer journey and the digitalization approach that we are moving towards, we have continued with both the implementation of Picon, Revitfile, Emos for better internal handling. but also, for example, an introduction of a digital platform that we will use both internally and externally, and which will be a strong support in the sales process. We have also initiated product training on goods and brand limits during the fourth quarter, and we prepared ourselves for a successive transition to national organizations within the sales function for increased efficiency. and synergy, as well as good and relevant customer service by offering solutions, complete solutions rather than individual products from individual brands. Everything with the customer in focus. And we have also previously mentioned that we intend to do some co-operation and one of these measures is co-ordination of the marketing function. which was carried out during the quarter through the recruitment of Joakim Spjut in the role as Business Area Marketing Director within Office Interiors. And it is an important commitment for us to be able to carry out precisely the measures that we have communicated earlier. And with that, I was going to leave the business itself and then we will come to a few figures and then I will hand over to Jesper.