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    YIT   FI0009800643

YIT OYJ

(YIT)
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YIT Oyj : Publishing of YIT Corporation's Half-year report 1-6/2021 on 30 July 2021

07/16/2021 | 07:15am EDT

YIT Corporation Investor news 16 July 2021 at 2:15 p.m.

Publishing of YIT Corporation's Half-year report 1-6/2021 on 30 July 2021

YIT Corporation's Interim report for the first quarter of 2021 will be published on Friday, 30 July 2021 at approximately 9.00 a.m. Finnish time (EET, approx. 7.00 a.m. GMT). The stock exchange release and the reporting materials in Finnish and in English will be published at that time on the company's website at www.yitgroup.com/investors.

News conference for investors and media

YIT will arrange a news conference on Friday, 30 July 2021 at 10.00 a.m. Finnish time (EET, at 8.00 a.m. GMT). The results will be presented by Markku Moilanen, President and CEO of YIT Corporation, and CFO Ilkka Salonen. The news conference will be held as a live webcast that can be followed on the company's web site at www.yitgroup.com/webcast. A recording of the webcast will be available at the same address later that day.

The news conference can be participated also through a conference call. Questions can be asked via the conference call and should be asked in English. At the end of the event, the media has the opportunity to ask questions also in Finnish.

Conference call participants are requested to dial in at least five minutes prior to the start of the conference, at 9.55 a.m. (EET). Conference call numbers are:

  • Participants from Finland +358 (0)9 8171 0310
  • Participants from Sweden +46 (0)8 5664 2651
  • Participants from UK and outside of Nordic countries +44 (0)33 3300 0804
  • Participants from US +1 (0)63 1913 1422

The participants will be asked to provide the following confirmation code: 42034878#.

The event is targeted for analysts, portfolio managers and the media. Welcome!

 

For further information:

 Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358 40 576 0288, tommi.jarvenpaa@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 urban developer and construction company. Our goal is to 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 together 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 approximately 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

https://news.cision.com/yit-oyj/r/publishing-of-yit-corporation-s-half-year-report-1-6-2021-on-30-july-2021,c3386324

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

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Sales 2021 2 782 M 3 253 M 3 253 M
Net income 2021 68,5 M 80,1 M 80,1 M
Net Debt 2021 520 M 608 M 608 M
P/E ratio 2021 15,0x
Yield 2021 3,68%
Capitalization 1 000 M 1 174 M 1 169 M
EV / Sales 2021 0,55x
EV / Sales 2022 0,53x
Nbr of Employees 7 400
Free-Float 62,5%
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Mean consensus HOLD
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Last Close Price 4,78 €
Average target price 5,46 €
Spread / Average Target 14,2%
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Markku Olavi Moilanen President & Chief Executive Officer
Ilkka Juhani Salonen Chief Financial Officer
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