Oct 22 (Reuters) - JM AB JM.ST:
JM 9M EBIT SEK 305 MILLION
JM 9M NET INCOME SEK 83 MILLION
JM 9M EBIT MARGIN 4.2%
JM 9M PRETAX PROFIT SEK 173 MILLION
JM 9M REVENUE SEK 7,216 MILLION
THE NUMBER OF HOUSING STARTS WAS SEASONALLY LOW DURING THE THIRD QUARTER, BUT THE SALES SITUATION AHEAD OF UPCOMING STARTS IS FAVORABLE
OUR PLAN IS TO START MORE HOUSING PROJECTS IN 2025 THAN IN THE PREVIOUS YEAR
FINNISH HOUSING MARKET IS STILL CHARACTERIZED BY WEAK CONSUMER CONFIDENCE, BUT ACTIVITY IN THE EXISTING HOME MARKET HAS INCREASED
IN SWEDEN, RECORD-HIGH SUPPLY ON THE EXISTING HOME MARKET MEANS THAT THE RECOVERY FOR NEW PRODUCTION MAY BE DELAYED
Source text: ID:nWkr5NgL8h
Further company coverage: JM.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))