HOUSING MARKET CONTINUED TO BE CHALLENGING
- Revenue amounted to
SEK 7,598m (7,644).
-
Operating profit decreased to
SEK 676m (898). The operating margin decreased to 8.9 percent (11.8).
-
The period was burdened by
SEK 67m (0) attributable to implemented savings measures.
-
Profit before tax decreased to
SEK 626m (868), and profit after tax decreased toSEK 494m (687).
-
Return on equity for the past twelve months amounted to 16.4 percent (20.9).
-
Earnings per share amounted to
SEK 7.50 (10.10).
-
Consolidated cash flow including net investment in properties amounted to SEK −351m (−251).
-
The number of residential units sold decreased to 842 (1,727), and housing starts decreased to 668 (1,527).
-
According to IFRS, revenue amounted to
SEK 8,071m (6,411) and earnings per share toSEK 10.80 (6.80).
Financial information according to segment reporting.
For additional information, please contact:
E-mail cfo@jm.se Tel +46 (0)8 782 87 00
This information is information that
JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in
https://news.cision.com/jm/r/jm-interim-report-january-june-2023,c3803527
https://mb.cision.com/Main/1261/3803527/2184157.pdf
(c) 2023 Cision. All rights reserved., source