Interim Report January – June 2021

CONTINUED HIGH DEMAND AND STRONG SALES

Revenue decreased to SEK 7,056m (7,476).

Operating profit increased to SEK 1,015m (840). The operating margin increased to 14.4 percent (11.2).

Gains from sale of properties and from joint venture of SEK 178m (18) are included in the operating profit.

Profit before tax increased to SEK 984m (802). Profit after tax increased to SEK 812m (630).

Return on equity for the past twelve months amounted to 23.1 percent (22.6). Earnings per share for the first six months of the year amounted to SEK 11.60 (9.00).

Consolidated cash flow including net investment in properties amounted to SEK 884m (592).

The number of residential units sold increased to 2,471 (1,447), and housing starts increased to 1,727 (1,368).

Financial information according to segment reporting.

For additional information, please contact:
Claes Magnus Åkesson, CFO, +46 (0)8 782 89 71

This information is information that JM AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on 2021-07-13.

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 emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 15 billion and the company has about 2,500 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.