JM Year-end Report January-December 2023
GOOD LIQUIDITY AND SIGNIFICANT SURPLUS VALUES
- Revenue amounted to SEK 13,851m (16,385).
- Operating profit decreased to SEK 732m (2,064) and was burdened by impairment in development and project properties of SEK −258m (-). The operating margin decreased to 5.3 percent (12.6).
- Profit before tax decreased to SEK 632m (1,994), and profit after tax decreased to SEK 433m (1,575).
- Return on equity for the past twelve months amounted to 5.0 percent (17.9).
- Earnings per share amounted to SEK 6.70 (23.40).
- Consolidated cash flow including net investment in properties amounted to SEK −48m (−261).
- The number of residential units sold decreased to 1,901 (2,659), and housing starts decreased to 1,609 (3,113).
- According to IFRS, revenue amounted to SEK 15,969m (14,577) and earnings per share to SEK 16.00 (22.20).
- Surplus value of development properties amounted to SEK 5.6bn (6.7).
- The Board of Directors proposes SEK 3.00 (14.00) in dividend for 2023 with the intention of an extraordinary general meeting in the fourth quarter of 2024 to propose resolution on an additional dividend of SEK 3.00.
Financial information according to segment reporting.