JM Group Interim report 1 January - 31 March 2003

Interim report 1 January - 31 March 2003 · Profit after financial items amounted to SEK 329m (324). · Property sales of SEK 1,897m (902) generated capital gains of SEK 367m (174), of which SEK 64m (174) is included in profit from project development. · Exchange deal - office properties for residential properties in Stockholm. · Profit from project development amounted to SEK 102m (358). The project development margin for the last 12 months amounted to 2.6% (13.5). · Over the past 12 months, return on equity amounted to 7% (27) and earnings per share amounted to SEK 9 (34). 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 21 July 2003 Interim Report January - June 2003 22 October 2003 Interim Report January - September 2003 February 2004 Year-end report 2003 JM AB is a public limited company listed on the Stockholm Stock Exchange. JM has around 2,600 employees in Sweden, Norway, Denmark and Belgium and annual sales of approximately SEK 9 billion. The company is Sweden's leading housing developer, and the core business is project development of residential and commercial properties in central areas of growth markets. JM's operations are characterised by a focus on quality and the environment. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/23/20030423BIT01210/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/04/23/20030423BIT01210/wkr0002.pdf The full report