JM Interim Report January–March 2022

CONTINUED HIGH DEMAND AND GOOD PROFITABILITY

Revenue increased to SEK 3,854m (3,337).

Operating profit increased to SEK 466m (406). The operating margin was 12.1 percent (12.2).

Gains from sale of properties and from joint venture of SEK 7m (11) are included in the operating profit.

Profit before tax increased to SEK 450m (390). Profit after tax increased to SEK 356m (309).

Return on equity for the past twelve months increased to 22.6 percent (20.3). Earnings per share for the first quarter increased to SEK 5.20 (4.40).

Consolidated cash flow including net investment in properties amounted to SEK 273m (92).

The number of residential units sold amounted to 995 (1,261), and housing starts to 808 (927).

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 13:00 CEST on 2022-04-29.

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.