Financial Targets

JM's financial targets are defined based on segment reporting and aim to provide balanced support for the long-term financial development within the Group and at the same time be adapted to the cyclical nature of the business.

Margin

The operating margin should amount on average to 12 percent, including gains/losses from property sales.

Return on equity

Return on equity on average should amount to 25 percent.

Growth

Long-term growth with an average increase of 4 percent a year in the number of housing starts, with a baseline of around 3,800 housing starts a year.