JM does not take responsibility for the translation

Interim Report January - March 2012

Report 4/26/2012 1:45 PM

Good profit level - lower sales rate


· According to segment reporting revenues increased to SEK 3,188m (2,491) and the operating profit to SEK 337m (278). The operating margin was 10.6 percent (11.2)

· Restated according to IFRIC 15 revenues increased to SEK 2,987m (2,547) and the operating profit to SEK 329m (279)

· Profit before tax improved to SEK 316m (265). Profit after tax improved to SEK 227m (187) 

· Return on equity for the past twelve months increased to 24.2 percent (18.5). Earnings per share for the first quarter amounted to SEK 2.70 (2.20)

· Consolidated cash flow including net investment in properties was SEK 2m (-65)

· The number of residential units sold totaled 627 (840) and housing starts totaled 631 (908).