Increased sales and improved profit
JM has had a positive start to the year, with an increase in the number of residential units sold and improved profit. Despite continued uncertainty due to global geopolitical concerns, the Swedish housing market moved in a favourable direction during the quarter, with higher sales in JM Stockholm and JM Riks. The acquisition of the Norwegian portfolio of 1,300 building rights, together with ongoing projects in Oslo and Bergen, contributed positively, and JM Norway maintained sales in a weaker market.