JM Interim Report January–March 2023
Press release 2023-04-27
Challenging housing market in weak economy
• Revenue increased to SEK 3,962m (3,854).
• Operating profit decreased to SEK 417m (466). The operating margin decreased to 10.5 percent (12.1).
• Profit before tax decreased to SEK 394m (450), and profit after tax decreased to SEK 311m (356).
• Return on equity for the past twelve months amounted to 16.8 percent (22.6).
• Earnings per share amounted to SEK 4.80 (5.20).
• Consolidated cash flow including net investment in properties amounted to SEK 792m (273).
• The number of residential units sold decreased to 479 (995) and housing starts to 214 (808).
• According to IFRS revenue amounted to SEK 4,696m (3,270) and earnings per share to SEK 7.50 (3.00).
Financial information according to segment reporting.
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