Interim Report January–September 2021

CONTINUED HIGH DEMAND AND GOOD PROFITABILITY

Revenue decreased to SEK 10,541m (10,858).

Operating profit increased to SEK 1,460m (1,239). The operating margin increased to 13.9 percent (11.4).

Gains from sale of properties and from joint venture of SEK 194m (19) are included in the operating profit.

Profit before tax increased to SEK 1,416m (1,185). Profit after tax increased to SEK 1,145m (932).

Return on equity for the past twelve months increased to 22.8 percent (18.8).
Earnings per share during the nine-month period increased to SEK 16.50 (13.30).

Consolidated cash flow including net investment in properties amounted to SEK 1,371m (427).

The number of residential units sold increased to 3,279 (2,403), and housing starts increased to 2,544 (2,223).

Financial information according to segment reporting.

For additional information, please contact:
Carl Bandhold, CFO, Head of IR
E-mail cfo@jm.se   Tel. +46 (0)8 782 87 00

This information is information that JM AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on 2021-10-28.

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 2,400 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.