JM Interim Report January-June 2023
HOUSING MARKET CONTINUED TO BE CHALLENGING
- Revenue amounted to SEK 7,598m (7,644).
- Operating profit decreased to SEK 676m (898). The operating margin decreased to 8.9 percent (11.8).
- The period was burdened by SEK 67m (0) attributable to implemented savings measures.
- Profit before tax decreased to SEK 626m (868), and profit after tax decreased to SEK 494m (687).
- Return on equity for the past twelve months amounted to 16.4 percent (20.9).
- Earnings per share amounted to SEK 7.50 (10.10).
- Consolidated cash flow including net investment in properties amounted to SEK −351m (−251).
- The number of residential units sold decreased to 842 (1,727), and housing starts decreased to 668 (1,527).
- According to IFRS, revenue amounted to SEK 8,071m (6,411) and earnings per share to SEK 10.80 (6.80).
Financial information according to segment reporting.