STRONG SALES AND HIGHER LEVEL OF HOUSING STARTS
· According to segment reporting, revenue increased to SEK 14,447m (13,869) and operating profit amounted to SEK 1,590m (1,716). The operating margin decreased to 11.0 percent (12.4) due to a change in the project composition in JM Residential Stockholm · Restated in accordance with IFRIC 15, revenue decreased to SEK 13,939m (14,216) and operating profit decreased to SEK 1,499m (1,819). The restatement is related to JM International and had a negative effect on earnings of SEK –91m (103) · Profit before tax decreased to SEK 1,427m (1,744). Profit after tax decreased to SEK 1,085m (1,