Interim Report January - June 2004

Interim Report January - June 2004 - Net sales increased to SEK 4,058m (3,856) and profit for the period after tax reached SEK 114m (234) - Profit after financial items amounted to SEK 165m (332) - Property sales of SEK 693m (2,101) provided capital gains of SEK 86m (399) - The number of sold residential units almost doubled to 2,393 (1,275) - In the past 12-month period return on equity amounted to 2% (5). Earnings per share for the first half of the year amounted to SEK 4 (8) - Continued reduction of the balance sheet raised the equity ratio to 39% (35) Stockholm,18 August 2004 Johan Skoglund President and CEO This interim report has been reviewed by the company's auditors. Additional information and financial calendar For additional information, please contact: Johan Skoglund, President and CEO, +46 8 782 89 39 Claes Magnus Åkesson, CFO, +46 8 782 89 71 Financial calendar: 1 November 2004, Interim Report January - September 2004 23 February 2005, Year-end report 2004 28 April 2005, Interim Report January - March 2005 28 April 2005, Annual General Meeting JM AB is a public limited company listed on the Stockholm Stock Exchange. JM has around 2,200 employees in Sweden, Norway, Denmark and Belgium, and sales in 2003 amounted to approximately SEK 8 billion. The company is Sweden's leading housing developer, and the core business is project development of residential properties and, to a selective extent, commercial premises in central areas of growth markets. JM's operations are characterised by a focus on quality and the environment. JM AB, SE-169 82 Stockholm Street address: Telegrafgatan 4, Solna Telephone +46 8 782 87 00 Fax +46 8 782 86 00 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/2004/08/18/20040818BIT20710/wkr0010.pdf The full report