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JM AB (JM.ST)

JM.ST on Stockholm Stock Exchange

245.70SEK
16 Sep 2019
Change (% chg)

-3.80kr (-1.52%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Finansinspektionen Says JPMorgan Chase & Co. Sells Entire Holding In JM AB
Tuesday, 30 Jul 2019 

July 30 (Reuters) - JM AB ::FINANSINSPEKTIONEN SAYS JPMORGAN CHASE & CO. SELLS ENTIRE HOLDING IN CO.  Full Article

Jm AB Q2 Revenue Down At SEK 3.94 Billion
Friday, 12 Jul 2019 

July 12 (Reuters) - JM AB ::Q2 REVENUE SEK 3.94 BILLION VERSUS SEK 4.13 BILLION YEAR AGO.Q2 OPERATING PROFIT SEK 506 MILLION VERSUS SEK 504 MILLION YEAR AGO.  Full Article

JM To Acquire Property For Residential Development In Oslo
Thursday, 16 May 2019 

May 16 (Reuters) - JM AB ::JM SIGNS CONDITIONAL CONTRACT TO ACQUIRE PROPERTY FOR RESIDENTIAL DEVELOPMENT IN RÖA, OSLO.JM SIGNS CONDITIONAL CONTRACT TO ACQUIRE PROPERTY FOR RESIDENTIAL DEVELOPMENT IN RÖA, OSLO.HAS SIGNED A CONDITIONAL CONTRACT TO ACQUIRE A CENTRALLY LOCATED PROPERTY FOR RESIDENTIAL DEVELOPMENT IN RÖA, OSLO.ACQUISITION PRICE WILL BE DETERMINED AND PAID IN CONJUNCTION WITH LOCAL PLAN GAINING FINAL APPROVAL. THIS IS EXPECTED TO TAKE PLACE IN 2023 AT EARLIEST, AT WHICH TIME.ACQUISITION WILL ALLOW JM TO DEVELOP 300 RESIDENTIAL UNITS..TRANSACTION WILL BE REPORTED WITHIN JM INTERNATIONAL BUSINESS SEGMENT.  Full Article

JM Construction To Sell Gustavsberg 1523 Property
Friday, 26 Apr 2019 

April 26 (Reuters) - JM AB ::JM CONSTRUCTION HAS SIGNED AN AGREEMENT TO SELL GUSTAVSBERG 1:523 PROPERTY.DEAL IS WORTH SEK 60M..SALE'S POSITIVE OUTCOME IS SEK 34M.SALE WILL BE REPORTED AS GAINS ON SALE OF PROPERTY IN Q2 2019 UNDER JM CONSTRUCTION BUSINESS SEGMENT.  Full Article

JM AB Q1 Operating Profit Falls To SEK 313 Million
Friday, 26 Apr 2019 

April 26 (Reuters) - JM AB ::INTERIM REPORT JANUARY - MARCH 2019.Q1 REVENUE SEK 3.67 BILLION VERSUS SEK 4.06 BILLION YEAR AGO.Q1 OPERATING PROFIT SEK 313 MILLION VERSUS SEK 528 MILLION YEAR AGO.  Full Article

JM Signs Conditional Agreement For Acquisition Of Property On Stora Essingen In Stockholm
Monday, 4 Feb 2019 

Feb 4 (Reuters) - JM AB ::JM SIGNS CONDITIONAL AGREEMENT FOR THE ACQUISITION OF PROPERTY ON STORA ESSINGEN IN STOCKHOLM.JM SIGNS CONDITIONAL AGREEMENT FOR THE ACQUISITION OF PROPERTY ON STORA ESSINGEN IN STOCKHOLM.PRICE WILL BE AGREED, AND CASH WILL BE PAID IN CONJUNCTION WITH APPROVAL OF LOCAL PLANNING.PLANNED ACQUISITION IS PART OF A LARGER DEVELOPMENT AREA COMPRISING AROUND 700 RESIDENTIAL UNITS..PLANNED PROJECT INCLUDES APPROXIMATELY 230 RESIDENTIAL UNITS.TRANSACTION WILL BE REPORTED IN JM RESIDENTIAL STOCKHOLM BUSINESS SEGMENT.  Full Article

JM Enters Settlement Agreement Regarding Outstanding Receivable
Friday, 21 Dec 2018 

Dec 21 (Reuters) - JM AB ::JM ENTERS SETTLEMENT AGREEMENT REGARDING OUTSTANDING RECEIVABLE.THROUGH ITS SUBSIDIARY JM CONSTRUCTION AB, JM HAS ENTERED A SETTLEMENT AGREEMENT WITH AN EXTERNAL BUYER.SETTLEMENT AGREEMENT WILL RESULT IN A POSITIVE CASH FLOW OF SEK 320M..AGREEMENT WILL HAVE NO EFFECT ON INCOME STATEMENT.  Full Article

Anders Wimmerstedt new Production Director at JM
Tuesday, 3 Apr 2018 

April 3 (Reuters) - JM AB ::ANDERS WIMMERSTEDT NEW PRODUCTION DIRECTOR AT JM.WILL HAVE A DUAL ROLE AS PRODUCTION MANAGER OF THE JM RESIDENTIAL STOCKHOLM BUSINESS UNIT AND HIS NEW POSITION AS PRODUCTION DIRECTOR ON GROUP LEVEL FOR THE RESIDENTIAL BUSINESS.  Full Article

Builder JM Q4 operating profit beats expectations
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Jm Ab ::FY2017 NUMBER OF RESIDENTIAL UNITS SOLD DECREASED TO 3,100 (3,843) AND HOUSING STARTS AMOUNTED TO 3,873 (4,187).Q4 RESIDENTIAL UNITS SOLD 684.Q4 OPERATING PROFIT (SEGMENT) SEK 638 MILLION.Q4 REVENUES (SEGMENT) SEK 4,551 MILLION.REUTERS POLL: JM Q4 HOUSING STARTS SEEN AT 998 UNITS, RESIDENTIAL UNITS SOLD AT 734, OPERATING PROFIT AT 592 MILLION SEK.SAYS HOUSING MARKET IN STOCKHOLM CONTINUED TO BE CAUTIOUS DURING THE FOURTH QUARTER.SAYS HOUSING OPERATIONS IN THE REST OF SWEDEN ARE CONTINUING TO SHOW A POSITIVE DEVELOPMENT WITH GOOD PROFITABILITY LEVELS IN A STABLE MARKET, IF AT A LOWER PRICE LEVEL IN Q4.  Full Article

JM residential sales fall more than forecast​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - JM AB :Jan-Sept ‍number of residential units sold was 2,416 vs yr-ago 2,918 and housing starts were 2,690 vs yr-ago 2,830​.Q3 residential units sold 681‍ vs yr-ago 960​.Q3 housing starts 971 units vs yr-ago 1,058.Q3 operating profit (segment) SEK 543‍​ mln vs yr-ago 521 mln.Q3 revenues (segment) SEK 3,813 ‍mln vs yr-ago 3,729 mln.Says ‍cautious market in Stockholm - stable market in rest of Sweden​.Reuters poll: JM Q3 housing starts seen at 1,016 units, residential units sold at 934, operating profit at SEK 544 million.Says demand for JM's residential units in Stockholm was lower during the summer and lower level of demand continued after the vacation period‍​.Says however, demand improved towards the end of the quarter.  Full Article