Interim report 1 january - 30 june 2000

INTERIM REPORT 1 JANUARY - 30 JUNE 2000 SUMMARY JANUARY - SEPTEMBER 2000 SUMMARY JANUARY - JUNE 2000 Profit after financial items amounted to MSEK 558 (326). - Return on equity over the past 12-month period was 19 per cent and earnings per share 12 months 18 SEK - Profit in project development rose 80 per cent to MSEK 207 (115) and the margin improved to 7.4 (5.0) per cent. - Property sales are planned to reduce the total book value to SEK 2.0 billion. - Highly positive growth scenario to a level of 4,500 residential units per year. - Repurchase/redemption program being studied. Stockholm, 18 August 2000 JM AB Group Staff Communications This and earlier press releases are also available at www.jm.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/18/20030818BIT00500/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT00500/wkr0002.pdf

About Us

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with the main focus on expanding metropolitan areas and university towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM seeks to promote long-term quality and environmental considerations in all its operations. Annual sales total approximately SEK 17 billion and the company has about 2,500 employees. JM is a public limited company listed on NASDAQ OMX Stockholm, in the Large Cap segment.

Subscribe