JM Interim Report January-March 2023
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).