JM AB - Company Profile
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JM AB (JM) is into the development of housing and sustainable living environments. It's main activities include the new production of homes in attractive locations, particularly in expanding metropolitan areas and university towns. JM offers a range of residential products, including apartment buildings and single-family homes, available as tenant-owned units, freehold units, and rental units. The company's customers are primarily private individuals and investors, with applications in residential living and real estate investment. It primarily operates in Sweden, Norway, and Finland. JM is headquartered in Solna, Sweden.
Headquarters
Sweden
Address
Mathidatorget 9, Solna, Stockholm, 16982
Website
www.jm.se
Telephone
46 8 7828700
No of Employees
1,836
Industry
Construction
Ticker Symbol & Exchange
JM (STO)
Revenue (2024)
$1.1B
-25.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-83.9%
(2024 vs 2023)
Market Cap*
$827.0M
Net Profit Margin (2024)
XYZ
-78.5%
(2024 vs 2023)
* As of and is in US$
JM AB premium industry data and analytics
Products and Services
| Services |
|---|
| Planning |
| Construction |
| Contracting |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In March, the company entered into an agreement with five Nordic banks for a three‑year syndicated credit facility totalling SEK4.2 billion. |
| 2026 | Regulatory Approval | In February, the company secured approval from the Norwegian Competition Authority to acquire approximately 1,300 building rights for residential development and four ongoing residential projects in Oslo and Bergen, Norway. |
| 2026 | Contracts/Agreements | In January, the company entered into a SEK152 million agreement with a real estate fund to acquire building rights for the development of 120 residential units in Lauttasaari, Helsinki, Finland. |
Competitor Comparison
| Key Parameters | JM AB | Skanska AB | Peab AB | Veidekke ASA | YIT Corp |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | Sweden | Norway | Finland |
| City | Solna | Stockholm | Bastad | Oslo | Helsinki |
| State/Province | Stockholm | Stockholm | - | Oslo | - |
| No. of Employees | 1,836 | 25,865 | 12,962 | 7,763 | 4,121 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Fredrik Persson | Chairman | Executive Board | 2017 | 58 |
| Mikael Aslund | Chief Executive Officer; President | Senior Management | 2024 | 54 |
| Tobias Bjurling | Chief Financial Officer - Investor Relations | Senior Management | 2023 | 54 |
| Maria Backman | General Counsel - Legal Affairs and Development | Senior Management | 2012 | 53 |
| Per Lundquist | Director - Strategy and Development | Senior Management | 2016 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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