Log in
E-mail
Password
Show 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
Delayed Quote. Delayed Nasdaq Helsinki - 12/01 11:29:58 am
4.526 EUR   +2.86%
11/30YIT extends the maturity of its credit facility by two years
AQ
11/30YIT Corporation Extends Maturity of Its Credit Facility by Two Years
CI
11/30Change in the YIT Management Team
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

YIT extends the maturity of its credit facility by one year and links it to sustainability targets

10/27/2021 | 10:46am EST

YIT Corporation Stock exchange release 27 October 2021 at 5:45 p.m.

YIT extends the maturity of its credit facility by one year and links it to sustainability targets

YIT has agreed with OP Corporate Bank plc on a one-year extension of its EUR 50 million credit facility. The new maturity date for the EUR 50 million credit facility is in November 2023. The margin of the facility is impacted by, positively or negatively, the success in regard to two sustainability targets which are measured with the following indicators: lost time injury frequency rate, LTIF (including own personnel and partners), and emission intensity of the Group's own operations (CO2 emissions per EUR millions of revenue, tCO2e/revenue EUR million).

The link to sustainability targets is another step in the progress in reaching YIT's ESG goals. The extension of the loan lengthens the maturity structure of the loans and supports YIT's existing strong balance sheet position.

For further information:
Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358 40 576 0288, tommi.jarvenpaa@yit.fi
Karo Nukarinen, Senior Vice President, Treasury, YIT Corporation, tel. +358 50 564 0920, karo.nukarinen@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/yit-extends-the-maturity-of-its-credit-facility-by-one-year-and-links-it-to-sustainability-targets,c3441659

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

All news about YIT OYJ
11/30YIT extends the maturity of its credit facility by two years
AQ
11/30YIT Corporation Extends Maturity of Its Credit Facility by Two Years
CI
11/30Change in the YIT Management Team
AQ
11/30YIT Corporation Announces Management Changes
CI
11/29YIT OYJ : Agile management and good team spirit led to an excellent mark for the COVIDR..
PU
11/26YIT Corporation - Managers transactions Tercero Invest AB
AQ
11/25YIT CORPORATION : Managers' transactions - Tercero Invest AB
AQ
11/25YIT OYJ : Concern over climate change has increased among young people
PU
11/23Welcome to YIT Capital Markets Day 2021
AQ
11/23YIT INCREASES ITS RESULT GUIDANCE FO : Group adjusted operating profit expected to be in t..
AQ
More news
Financials
Sales 2021 2 809 M 3 180 M 3 180 M
Net income 2021 52,5 M 59,4 M 59,4 M
Net Debt 2021 544 M 616 M 616 M
P/E ratio 2021 18,5x
Yield 2021 3,62%
Capitalization 946 M 1 072 M 1 072 M
EV / Sales 2021 0,53x
EV / Sales 2022 0,51x
Nbr of Employees 7 400
Free-Float 62,7%
Chart YIT OYJ
Duration : Period :
YIT Oyj Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends YIT OYJ
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Last Close Price 4,53 €
Average target price 5,26 €
Spread / Average Target 16,2%
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 OYJ-8.23%1 072
VINCI6.10%55 784
LARSEN & TOUBRO LIMITED38.71%33 526
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-5.63%30 896
FERROVIAL, S.A.12.52%21 238
CHINA RAILWAY GROUP LIMITED2.09%19 267