JM AB reported a significant increase in revenue to SEK 2,981 million from SEK 2,539 million, alongside a substantial rise in operating profit to SEK 213 million, boosting the operating margin to 7.2 percent. Profit before tax and profit after tax also saw considerable growth, reaching SEK 172 million and SEK 147 million respectively. Earnings per share improved to SEK 2.28 from SEK 0.80, and consolidated cash flow from operating activities turned positive at SEK 21 million. The number of residential units sold increased to 920, though housing starts decreased to 425. Under IFRS, revenue was SEK 2,094 million with earnings per share of SEK 0.50.
Operating profit increased to SEK 213m (130). The operating margin increased to 7.2 percent (5.1).
Profit before tax increased to SEK 172m (90). Profit after tax increased to SEK 147m (52).
Return on equity for the past twelve months amounted to 1.9 percent (2.6).
Earnings per share amounted to SEK 2.28 (0.80).
Consolidated cash flow from operating activities increased to SEK 21m (–509).
The number of residential units sold increased to 920 (555), and housing starts decreased to 425 (577).
According to IFRS, revenue amounted to SEK 2,094m (2,279) and earnings per share to SEK 0.50 (0.55).
Financial information according to segment reporting.
Disciplined strategic work delivers results. Mikael Åslund, President and CEO
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