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Interim report January - September 2016

Report 10/26/2016 8:00 AM

CONTINUED STABLE DEMAND AND HIGH LEVEL OF HOUSING STARTS


· According to segment reporting revenue increased to SEK 11,456m (10,489) and operating profit increased to SEK 1,414m (1,144). The operating margin increased to 12.3 percent (10.9)
· Restated in accordance with IFRIC 15, revenue increased to SEK 10,997m (10,195) and operating profit increased to SEK 1,334m (1,088). This restatement is attributable to JM International and had a negative effect on earnings of SEK –80m (–56)
· Profit before tax increased to SEK 1,299m (1,033). Profit after tax increased to SEK 1,002m (775)
· Return on equity for the past twelve months amounted to 29.5 percent (27.6). Earnings per share during the nine-month period increased to SEK 13.70 (10.40)
· Consolidated cash flow including net investment in properties was SEK 1,589m (193)
· The number of sold residential units increased to 2,918 (2,831) and housing starts increased to 2,830 (2,665)