JM Interim Report January–September 2023

Press release 2023-10-25

Focus on cash flow in a challenging housing market

• Revenue amounted to SEK 10,444m (11,233).

• Operating profit decreased to SEK 822m (1,297). The operating margin decreased to 7.9 percent (11.6).

• Profit before tax decreased to SEK 746m (1,249), and profit after tax decreased to SEK 570m (982).

• Return on equity for the past twelve months amounted to 13.5 percent (19.9).

• Earnings per share amounted to SEK 8.90 (14.50).

• Consolidated cash flow including net investment in properties amounted to SEK −452m (−615).

• The number of residential units sold decreased to 1,128 (2,197), and housing starts decreased to 869 (2,215).

• According to IFRS, revenue amounted to SEK 12,528m (8,999) and earnings per share to SEK 16.50 (11.00).

Financial information according to segment reporting.

Media contact

Tobias Bjurling

Chief Financial Officer, IR JM AB