Brief: JM Q2 Operating Profit Drops To SEK 70 Mln
BRIEF-JM Q2 Operating Profit Drops To SEK 70 Mln July 10 (Reuters) - JM AB JM.ST:
Q2 REVENUE INCREASED TO SEK 2,815M (2,540).
Q2 OPERATING PROFIT AMOUNTED TO TO SEK 70M (116)
Q2 PROFIT BEFORE TAX AMOUNTED TO SEK 16M (69)
SWEDISH MARKET IS SHOWING INCREASINGLY CLEARER SIGNS OF RECOVERY
AVERAGE PRICES INCREASED IN THE SWEDISH SUBMARKETS IN Q2, AND AN INCREASING NUMBER OF CONTRACTS ARE BEING SIGNED AT EARLY STAGES
IN NORWAY, THE HOUSING MARKET WAS CAUTIOUS WITH SIGNIFICANT LOCAL VARIATIONS
FINNISH MARKET CONTINUED TO BE CHARACTERIZED BY WEAK DEMAND AND DECLINING PRICES
WE SEE OPPORTUNITIES FOR CONTINUED GRADUAL IMPROVEMENT IN THE SWEDISH MARKET IN 2026 WHILE THE NEAR-TERM OUTLOOK IS WEAKER IN NORWAY AND FINLAND
Source text: ID:nMFN4ZHg1d
Further company coverage: JM.ST
(Gdansk Newsroom)
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