JM Interim Report January–September 2024

Press release 2024-10-22

INCREASED SALES IN COMPETITION WITH LARGE SUPPLY ON EXISTING HOME MARKET

  • Revenue decreased to SEK 9,132m (10,444).
  • Operating profit decreased to SEK 424m (822). The operating margin decreased to 4.6 percent (7.9).
  • Profit before tax decreased to SEK 322m (746), and profit after tax decreased to SEK 191m (570).
  • Return on equity for the past twelve months amounted to 0.60 percent (13.5).
  • Earnings per share amounted to SEK 3.00 (8.90).
  • Consolidated cash flow including net investment in properties amounted to SEK 132m (–452).
  • The number of residential units sold increased to 2,204 (1,128), and housing starts increased to 1,504 (869).
  • According to IFRS, revenue amounted to SEK 10,271m (12,528), and earnings per share to SEK 3.90 (16.50).
     

Financial information according to segment reporting.

Media contact

Tobias Bjurling

Group CFO