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  • JM
    Gustav lll:s boulevard 64, Solna S-169 82 STOCKHOLM
    +46 8 782 87 00
    http://www.jm.se
  • Katarina Rimmerfeldt

    Communications Manager


    +46 73 432 61 20
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    JM Interim Report January–September 2025

    Focus on efficiency in an early stage market recovery.· Revenue amounted to SEK 7,216m (9,132). · Operating profit decreased to SEK 305m (424). The operating margin amounted to 4.2 percent (4.6). · Profit before tax decreased to SEK 173m (322). Profit after tax decreased to SEK 83m (191). · Return on equity for the past twelve months amounted to 1.7 percent (0.6). · Earnings per share amounted to SEK 1.29 (2.97). · Consolidated cash flow from operating activities amounted to SEK –391m (132). · The number of residential units sold decreased to 1,550 (2,204), and housing

    JM AB's Nomination Committee for the 2026 Annual General Meeting

    As specified by the instructions for JM AB’s Nomination Committee, the members of the Nomination Committee for the 2026 Annual General Meeting are to be appointed by the four largest shareholders/shareholder groups in the company in terms of voting rights as of July 31, 2025, who wish to be part of the Nomination Committee. The Chairperson of the Board of Directors will be the Nomination Committee's fifth member.The nomination committee includes the following members: · Dick Bergqvist, AMF Tjänstepension and AMF Fonder · Frederik Mohn · Anders Algotsson, AFA Försäkring ·

    JM selling property in Nynäshamn

    JM has signed an agreement for the sale of the forest property Yxlö 3:1. The buyer is a private individual and the transaction amounts to approximately SEK 48m.The total land area of the property is approximately 290 hectares. The sales price amounts to approximately SEK 48 million which provides a profit from property sales of approximately SEK 45 million, which is reported within the JM Bostad Stockholm business segment in the third quarter of 2025. Transfer of legal title and receipt of payment will take place in the third quarter of 2025.   – Our assessment is that long-term

    JM starting production of housing in Marievik, Stockholm

    JM has started the production of the project Rex, consisting of 128 tenant-owned apartments.Located on Marieviks Udde in a central location next to Lake Mälaren just south of Hornstull, the Rex project is part of a larger block and consists of four stairwells with an underlying garage. Sales are underway and occupancy is expected to start in the third quarter of 2028, with estimated completion at the turn of the year 2028/2029. The housing start is reported within the JM Bostad Stockholm business segment in the third quarter of 2025. This is the second housing start for JM within

    JM starting production of housing in Nacka

    JM has started the production of 83 freehold apartments in the Akva project in the Centrala Nacka district.Akva is part of a larger block and consists of four stairwells with underground garages next to Nacka Strand and Nacka Forum, centrally located by the upcoming metro. Sales are underway and occupancy is expected to start in the third quarter of 2027, with estimated completion at the turn of the year 2027/2028. The housing start is reported within the JM Bostad Stockholm business segment in the third quarter of 2025.   – We are very pleased to have started production of Akva, JM’s

    JM Interim Report January–June 2025

    Focus on streamlining as market recovery is delayed.• Revenue amounted to SEK 5,079m (6,617). • Operating profit decreased to SEK 246m (329). The operating margin decreased to 4.8 percent (5.0). • Profit before tax decreased to SEK 159m (251). Profit after tax decreased to SEK 89m (155). • Return on equity for the past twelve months amounted to 2.2 percent (1.1). • Earnings per share amounted to SEK 1.39 (2.42). • Consolidated cash flow from operating activities amounted to SEK –714m (–285). • The number of residential units sold decreased to 988 (1,555), and housing

    JM selling residential project in Järfälla, Stockholm

    JM has signed an agreement with Capman for the sale of a rental project in Söderdalen, Järfälla. The transaction amounts to approximately SEK 687m.The property being sold is the Bovetet project (Jakobsberg 2:2890), consisting of 205 residential units with a total of 11,164 square meters of residential area, 237 square meters of commercial area and 68 parking spaces in garage. The property is part of the larger Söderdalen development area in central Järfälla, where JM is implementing housing projects with various forms of tenure. Production started in the fourth quarter of 2024 and

    JM selling residential project in Helsinki

    JM has signed an agreement with Eden Asunnot Ky for the sale of a rental project in Helsinki. The transaction amounts to approximately SEK 205m.The property being sold consists of 71 residential units and is located in the Herttoniemi area of Helsinki. Production started in the first quarter of 2025 and completion is estimated for the second quarter of 2026.The transaction will take the form of a corporate sale. Revenue and profit will be recognized gradually over the course of the project within the JM Finland business segment starting in the second quarter of 2025. Payment will be

    JM starting production of 165 rental units in Sollentuna

    JM starts the production of a rental project in the Väsjön area in Sollentuna.Production of the residential units in the project Väsjö Port will start in the second quarter of 2025 and will be reported as a project property in the business segment JM Property Development’s balance sheet until the property is sold. Completion is estimated for the second quarter of 2027.Väsjön is an area under development in the eastern part of Sollentuna municipality, located approximately 15 kilometers north of Stockholm. The rental units in Väsjö Port will be located near the lake with proximity to a ski

    JM acquiring building rights for residential development in Midsommarkransen, Stockholm

    JM has signed an agreement with HSB Bostad AB for the acquisition of building rights for the development of approximately 100 residential units at Telefonplan in Stockholm. The acquisition amounts to SEK 176m.JM acquires the building rights at the property Telefonkiosken 1, Stockholm, with a detailed plan that has gained legal force and allows for approximately 9,600 square meters of light GFA housing. The greater part of the purchase price will be paid in connection with transfer of legal title, which is tentatively expected to occur in the second quarter of 2026 at the same time as the

    JM starting production of freehold apartments in Brunnshög, Lund

    JM starts the production of 79 residential units in the Brunnshög district of Lund.The production of the residential units in Project Y will begin in the second quarter of 2025 and sales of the homes, which consist of freehold apartments, are underway. Occupancy is planned for the first quarter of 2027. The housing start is reported within the JM Residential Sweden business segment in the second quarter of 2025.   The residential units are the first phase in a new area where JM will develop a total of approximately 112 units, with proximity to lush parks and the new tram line that

    JM starting production of housing in Västerbro, in the center of Lund

    JM starts the production of 133 residential units in the Västerbro district of Lund.The production in the modern city district of Verkstan will begin in the second quarter of 2025 and sales of the tenant-owned apartments are underway. Occupancy is planned for the fourth quarter of 2026. The housing start is reported within the JM Residential Sweden business segment in the second quarter of 2025.   The residential units are the first phase in a new area where JM will develop a total of approximately 650 units, with a nice location next to a green park and close to Lund Central Station.

    JM acquiring building rights for residential development in Hägersten, Stockholm

    JM has signed an agreement with Lennart Ericsson Fastigheter AB for the acquisition of building rights for the development of approximately 100 residential units in Axelsberg in Stockholm. The acquisition amounts to SEK 155m.JM acquires the building rights on part of the property Lokatten 3, Stockholm, with a detailed plan that has gained legal force and allows for the development of approximately 100 residential units. The purchase price will be paid in connection with transfer of legal title, which is expected to occur in the third quarter of 2026, and production will tentatively start in

    JM’s subsidiary Seniorgården AB starting production of housing in the center of Lund

    JM is starting the production of 44 residential units in central Lund for its subsidiary Seniorgården AB.The production of the residential units at Lilla Tvärgatan will start in the second quarter of 2025. The sale of the homes, whose form of tenure is tenant-owned apartments, is ongoing. Occupancy is planned for the second quarter of 2027. The housing start is reported within the JM Residential Sweden business segment in the second quarter of 2025.   – We at Seniorgården AB are pleased to be able to offer carefree living in one of Lund’s best locations for those over 55, says

    JM acquiring building rights for residential development in Uppsala

    JM has entered into an agreement with Vasakronan on the acquisition of building rights for the development of approximately 400 residential units in central Uppsala. The transaction amounts to SEK 475m.JM acquires the building rights on part of the property Kungsängen 16:6, with a detailed plan that has gained legal force and allows for the development of approximately 400 residential units. The acquisition is made in corporate form and will be reported within the business segment JM Residential Sweden in connection with transfer of legal title, which is expected to occur in the second

    JM acquiring building rights in Espoo for approximately SEK 99m

    JM has acquired building rights for residential development in Hannusranta, Espoo outside Helsinki. The acquisition has taken place together with another buyer. JM will develop a total of 480 residential units in the area.The acquisition consists of two parts, where JM acquires 190 building rights for approximately SEK 59 million and enters into a joint arrangement with the second buyer for a total of an additional 290 building rights, where JM's investment amounts to approximately SEK 40 million.   The agreement, which was entered into in the first quarter of 2025, was conditional on

    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),

    Annual General Meeting of JM AB

    At the Annual General Meeting (AGM) of JM on April 9, 2025, the meeting adopted all of the proposals of the Board of Directors and the Nomination Committee.The AGM approved the Income Statement, the Balance Sheet, the Consolidated Income Statement and the Consolidated Balance Sheet. The AGM resolved to pay a dividend of SEK 3,25 per share. The record date for payment has been set on Friday, April 11, 2025. Euroclear Sweden AB is expected to send the dividend on Wednesday, April 16, 2025. The AGM resolved to discharge the Board members and the CEO from liability.   Board Members and

    JM selling properties in Bergen

    JM has signed an agreement with Rudenhaugen AS for the sale of five properties in Bergen. The transaction amounts to approximately SEK 62m.The properties being sold consists of five older single-family homes with property designation Inndalsveien 13, 15, 17, 19 and 21, whose total area amounts to approximately 2,400 square meters. The sales price amounts to approximately SEK 62m, which provides a profit from property sales of approximately SEK 19m. The transaction will be reported in the fourth quarter of 2025 within the business segment JM Norway. Partial payment is received in connection

    JM starting production of housing in Norway

    JM has started the production of 69 residential units in Asker and 83 residential units in Nordre Follo.The production of the 69 units in the final stage of the Bergerløkka project in Asker, about 30 kilometers from Oslo, has begun in the first quarter of 2025. In total, JM will have developed approximately 600 homes in apartment buildings within the framework of Bergerløkka.   During the first quarter of the year, production of 83 residential units has also started in the Langhus Gård project in Nordre Follo, about 30 kilometers from Oslo, where JM will develop a total of

    JM starting production of housing in Gothenburg

    JM has started the production of 67 residential units in the Eriksberg district in central Gothenburg.The production of the two apartment buildings, each with seven floors, has begun in the first quarter of 2025 and the sale of the tenant-owned apartments is ongoing. The apartments will be in a prime location on Hisingen with good communications and proximity to the Göta Älv. Completion is planned for the first quarter of 2027.   The residential units are JM's first within the Säterigatan detailed plan, where a total of approximately 1,100 residential units, a new preschool and

    JM starting production of rental project in Helsinki

    JM starts the production of approximately 70 rental units in Herttoniemi, Helsinki.Production of the residential units will start in the first quarter of 2025 and will be reported as a project property in the business segment JM Finland’s balance sheet until the property is sold. Completion is estimated for the second quarter of 2026. – We are seeing great interest in JM's new production of rental housing in Helsinki. This is the ninth of a total of 13 apartment buildings that we will construct in the Sohlberg district that JM is developing in Herttoniemi, says Teppo Isokangas, Regional

    JM starting production of housing in Huvudsta, Solna

    JM has started the production of the project Utblicken, consisting of 86 tenant-owned apartments in the new Huvudsta Strandpark area.Utblicken is part of a larger block and consists of a slatted house of varying heights next to Bällstaviken in a lush part of Solna. Sales are in progress and occupancy is expected to start in the third quarter of 2026, with estimated completion at the turn of the year 2026/2027.   This is the second housing start in the new Huvudsta Strandpark area where JM intends to build a total of approximately 480 residential units spread over four blocks and with

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