JM Interim Report January-March 2025
JM increased the number of residential units sold in an uncertain market.
· Revenue amounted to SEK 2,539m (3,034).
· Operating profit decreased to SEK 130m (160). The operating margin decreased to 5.1 percent (5.3).
· Profit before tax decreased to SEK 90m (128). Profit after tax decreased to SEK 52m (79).
· Return on equity for the past twelve months amounted to 2.6 percent (2.3).
· Earnings per share amounted to SEK 0.80 (1.23).
· Consolidated cash flow from operating activities amounted to SEK -509m (-949).
· The number of residential units sold increased to 555 (480), and housing starts increased to 577 (145).
· According to IFRS, revenue amounted to SEK 2,279m (2,765), and earnings per share to SEK 0.55 (0.74).
"JM started the year with an increase in the number of units sold and housing starts in the quarter, despite increased geopolitical uncertainty having a dampening effect on the housing market."
Mikael Åslund, President and CEO
Financial information according to segment reporting.