”The large fluctuations on the world's stock exchanges together with concern for the effects of possibly heavily increased tariffs and conflicts in our surroundings have made many consumers wait with buying homes”, writes CEO Mikael Åslund in the report.
The number of unsold homes in completed production increased to 616 units during the first half of the year, compared to 393 a year earlier. And the number of sold homes in the form of signed contracts fell to 988, down from 1,555.
JM's profit before tax from the second quarter of the year shrunk to 69 million kronor, down from 123 million a year earlier. Revenues fell to 2.5 billion, down from 3.6 billion.