Interim Report January – March 2017

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CONTINUED STABLE DEMAND AND IMPROVED EARNINGS

  • According to segment reporting, revenue increased to SEK 4,245m (3,757) and operating profit increased to SEK 570m (445). The operating margin increased to 13.4 percent (11.8).
  • Profit before tax increased to SEK 841m (387). Profit after tax increased to SEK 712m (299).
  • Return on equity for the past twelve months increased to 36.9 percent (23.8). Earnings per share for the first quarter increased to SEK 10.00 (4.10).
  • Consolidated cash flow including net investment in properties was SEK 1,001m (601).
  • The number of residential units sold totaled 864 (927) and housing starts were 813 (856).
  • Gains from the sale of participations in Småa AB amounted to SEK 275m.

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 14:00 CET on 2017-04-27.

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 16 billion and the company has about 2,400 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.

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