JM Interim Report January–March 2022

Press release 2022-04-29

CONTINUED HIGH DEMAND AND GOOD PROFITABILITY

Revenue increased to SEK 3,854m (3,337).

Operating profit increased to SEK 466m (406). The operating margin was 12.1 percent (12.2).

Gains from sale of properties and from joint venture of SEK 7m (11) are included in the operating profit.

Profit before tax increased to SEK 450m (390). Profit after tax increased to SEK 356m (309).

Return on equity for the past twelve months increased to 22.6 percent (20.3). Earnings per share for the first quarter increased to SEK 5.20 (4.40).

Consolidated cash flow including net investment in properties amounted to SEK 273m (92).

The number of residential units sold amounted to 995 (1,261), and housing starts to 808 (927).

Financial information according to segment reporting.

Media contact

Katarina Rimmerfeldt

Head of Group Communications

Heidi Ekberg

Communications and Media JM AB