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    YIT   FI0009800643

YIT OYJ

(YIT)
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Change in the YIT Management Team

11/30/2021 | 01:01am EST

YIT Corporation Stock exchange release 30 November at 8.00 a.m.  

Change in the YIT Management Team 

Pii Raulo, Executive Vice President, Human Relations and the member of YIT Management Team leaves the company. She will continue in her position until 31 December 2021, familiarising her successor to the new role.

YIT's Board of Directors has appointed Minna Korander, VP, Business Partner of Infrastructure segment, as Interim EVP, Human Relations and member of the Management Team as of 1 January 2022.

"I warmly thank Pii Raulo for her work as the Head of Human Relations at YIT. She has enjoyed broad trust of our various staff and stakeholder groups and has managed to ensure the health and safety of our people in a challenging pandemic situation. I wish Pii all the best for the future," says President and CEO Markku Moilanen

Additional information:
Markku Moilanen, President and CEO, YIT Corporation
Media inquiries via Group Communications, tel. +358 44 743 7536, press@yit.fi

YIT CORPORATION

Tommi Järvenpää
Vice President, Investor Relations

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT is the largest Finnish and a significant North European development and construction company with a strong customer focus and clear mission to create better living environments. We develop and build functional homes for sustainable living, future-proof public and commercial buildings and infrastructure for smoother flow of people, businesses and society. We employ 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

https://news.cision.com/yit-oyj/r/change-in-the-yit-management-team,c3462947

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Sales 2021 2 792 M 3 170 M 3 170 M
Net income 2021 50,7 M 57,6 M 57,6 M
Net Debt 2021 529 M 601 M 601 M
P/E ratio 2021 20,0x
Yield 2021 3,59%
Capitalization 991 M 1 131 M 1 125 M
EV / Sales 2021 0,54x
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Average target price 5,15 €
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