Lammhults Design Group AB reported consolidated and parent company earnings results for the third quarter and nine months ended September 30, 2014. For the quarter on consolidated basis, net sales were SEK 170.0 million against SEK 115.08 million a year ago. Operating profit was SEK 8.5 million against SEK 0.4 million a year ago. Profit before tax was SEK 7.0 million against SEK 0.1 million a year ago. Profit for the period attributable to shareholders in Parent company was SEK 4.6 million or SEK 0.54 per share against SEK 0.4 million or SEK 0.05 per share a year ago. Cash flow from operating activities was SEK 11.6 million against SEK 8.2 million a year ago. Return on equity was 1.2% against 0.1% a year ago.

For the nine months on consolidated basis, net sales were SEK 545.5 million against SEK 400.1 million a year ago. Operating profit was SEK 19.5 million against SEK 4.0 million a year ago. Profit before tax was SEK 15.0 million against SEK 2.9 million a year ago. Profit for the period attributable to shareholders in Parent company was SEK 10.7 million or SEK 1.26 per share against SEK 1.7 million or SEK 0.20 per share a year ago. Cash flow from operating activities was SEK 4.1 million against SEK 1.4 million a year ago. Return on equity was 2.8% against 0.5% a year ago.

For the quarter on parent company basis, net sales were SEK 1.6 million against SEK 1.2 million a year ago. Operating loss was SEK 3.8 million against SEK 2.2 million a year ago. Loss before tax was SEK 4.9 million against profit before tax of SEK 4.2 million a year ago. Loss for the period was SEK 3.7 million against profit for the period of SEK 4.7 million a year ago.

For the nine months on parent company basis, net sales were SEK 4.7 million against SEK 3.9 million a year ago. Operating loss was SEK 12.1 million against SEK 8.2 million a year ago. Profit before tax was SEK 11.8 million against loss before tax of SEK 2.0 million a year ago. Profit for the period was SEK 15.3 million against loss for the period of SEK 0.2 million a year ago.