Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Finland
  4. Nasdaq Helsinki
  5. YIT Oyj
  6. News
  7. Summary
    YIT   FI0009800643

YIT OYJ

(YIT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

YIT Oyj : COVID-19 smell detection dogs pilot completed – encouraging results

05/21/2021 | 05:09am EDT

YIT Koronakoirakaverit

YIT has invested heavily in proactive measures to prevent the spread of coronavirus throughout the pandemic. In early spring, YIT experimented using smell detection dogs to detect the virus as early as possible, especially on diverse construction sites. With wagging tails, the dogs sniffed almost 1,000 samples collected from more than ten construction sites. Among many other things, this inspiring experiment prevented the spread of infection on one very large construction site. It also highlighted the possibilities for the use of dogs in the future.

'The pilot was launched very quickly in a situation where virus variants spread in Finland at the beginning of February. We suspected that there might be asymptomatic carriers of the virus, especially on diverse construction sites with a large number of employees. These sites, identified as being at risk for the spread of the virus, were primarily included in the pilot,' says Head of Group Health and Safety Kaisa Kuvanto on the initial stages of the project.

Dogs sniffing face masks and marking the smell of the virus was an important part of the process. The dogs had to be trained, a pilot team and operating model had to be built and volunteers instructed. On each site that participated in the pilot, face masks were collected, transported to a dog training centre and analysed. The results were reported to the sites concerned and to those who submitted a sample on the same day.

The staff warmly welcomed the voluntary experiment, which was communicated on these multifaceted construction sites in several languages, and ensured that those who might have received a positive result were able to apply for further testing. The participation rate was over 90%.

'The pilot attracted a lot of interest, and coronavirus awareness grew even more. We were able to trace several asymptomatic virus carriers on one site very quickly. In this experiment, too, cooperation was important and, in particular, the contribution and attitude of the construction sites was strong. Clarity of communication was emphasised at every stage. Diversity and multilingualism are commonplace for us. For this pilot, we trained interpreters to support the delivery of information. The feeling of caring among the teams on the sites was really rewarding,' says Kaisa Kuvanto.

YIT carried out the pilot in close cooperation with WiseNose, which trains COVID-19 smell detection dogs. The dogs worked in their familiar training centre without any additional stress from the buzz and noise of construction sites. Efforts were made to ensure the homogeneity of the sample markings so that each sample was sniffed by more than one dog.

'Data protection brings a challenge to such an experiment. There is always a reason for a dog's reaction to a sample. When a sample is given anonymously, we do not know the background of the person who gave it, for example, whether they have already had the coronavirus or whether they live with an asymptomatic carrier of the virus. Strong data protection was a joint and conscious decision, but it also made it difficult to find cause-effect relationships,' says Heli Niuro, Project Manager at WiseNose.

The pilot team of YIT and WiseNose will document the results of the completed experiment. This extremely positive cooperation and experimentation will lead to a follow-up on what kind of exposure or other situations dogs could be used for in the construction industry in addition to identifying the virus.

For further information, please contact:
Kaisa Kuvanto, Head of Group Health and Safety, YIT Corporation, tel. +358 (0) 40 519 5934, kaisa.kuvanto@yit.fi
Heidi Kauppinen, Communications Manager, YIT Corporation, tel. +358 (0) 40 574 3170, heidi.kauppinen@yit.fi

YIT is Finland's largest construction company and a significant player in the Northern European construction market. We create more sustainable, functional and attractive cities and living environments. We develop and build apartments, business premises and entire areas. We also specialise in demanding infrastructure construction. We own properties with our partners, which supports the implementation of our significant development projects. We also provide our customers with services that increase the value of properties. We employ about 7,400 professionals in 10 countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. In 2020, our revenue amounted to approximately EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy.

Disclaimer

YIT Oyj published this content on 21 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 May 2021 09:08:06 UTC.


© Publicnow 2021
All news about YIT OYJ
07/20YIT OYJ : started several residential apartment building projects in April-June ..
AQ
07/20YIT Started Several Residential Apartment Building Projects in April-June in ..
CI
07/16YIT OYJ : Publishing of YIT Corporation's Half-year report 1-6/2021 on 30 July 2..
PU
07/16YIT OYJ : Publishing of YIT Corporation's Half-year report 1-6/2021 on 30 July 2..
AQ
07/13YIT OYJ : began construction of three apartment buildings in Russia in the secon..
AQ
07/13YIT Corporation Began Construction of Three Apartment Buildings in Russia in ..
CI
07/09YIT OYJ : Secures $51 Million Contracts to Build 416 Apartments in Finland
MT
07/09YIT OYJ : agreed in April-June on the construction of five right-of-occupancy, r..
AQ
07/09YIT Agreed in April-June on the Construction of Five Right-Of-Occupancy, Rent..
CI
07/08YIT OYJ : Which sustainable development themes should YIT focus on?
PU
More news
Financials
Sales 2021 2 752 M 3 239 M 3 239 M
Net income 2021 81,8 M 96,2 M 96,2 M
Net Debt 2021 416 M 489 M 489 M
P/E ratio 2021 13,9x
Yield 2021 3,61%
Capitalization 1 101 M 1 295 M 1 296 M
EV / Sales 2021 0,55x
EV / Sales 2022 0,53x
Nbr of Employees 7 400
Free-Float 62,0%
Chart YIT OYJ
Duration : Period :
YIT Oyj Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends YIT OYJ
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 5,27 €
Average target price 5,70 €
Spread / Average Target 8,26%
EPS Revisions
Managers and Directors
Markku Olavi Moilanen President & Chief Executive Officer
Ilkka Juhani Salonen Chief Financial Officer
Harri-Pekka Antero Kaukonen Chairman
Juhani Nummi Executive Vice President-Operations Development
Tiina Marjukka Tuomela Independent Director
Sector and Competitors
1st jan.Capi. (M$)
YIT OYJ6.75%1 270
VINCI10.80%63 749
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-5.84%31 982
LARSEN & TOUBRO LIMITED25.20%28 849
FERROVIAL, S.A.8.85%22 538
CHINA RAILWAY GROUP LIMITED2.09%18 939