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JM Interim Report January-September 2023

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.

Source:Cision
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