Brief: JM Says Q2 Burdened By Costs Related To Saving Measures

JM AB

12/07/2023 07:10

July 12 (Reuters) - JM AB  JM.ST :
    * LOWER NUMBER OF HOUSING STARTS DURING Q2
    * CUSTOMERS HAVE BEEN CAUTIOUS AS SUPPLY OF RESIDENTIAL
UNITS
CONTINUES TO INCREASE
    * PRICES ON EXISTING HOME MARKET ARE STABILIZING
    * HOUSING OPERATIONS OUTSIDE OF STOCKHOLM SHOWE SEVERE
DETERIORATION IN PROFITABILITY LEVEL
    * Q2 BURDENED BY COSTS RELATED TO SAVING MEASURES
    * OPERATIONS IN NORWAY SHOW CONTINUOUS LOW MARGINS IN
CURRENT
PROJECTS

Source text for Eikon:  ID:nWkr2w6K3F 
Further company coverage:  JM.ST 

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