Brief: YIT Outlook FY Adjusted EBIT EUR 80-90 Mln
BRIEF-YIT Outlook FY Adjusted EBIT EUR 80-90 Mln Oct 30 (Reuters) - YIT Oyj YIT.HE:
YIT Q3 NET INCOME EUR -6 MILLION
YIT Q3 ADJUSTED EBIT EUR 30 MILLION VERSUS. IBES ESTIMATE EUR 27.8 MILLION
YIT OUTLOOK FY ADJUSTED EBIT EUR 80-90 MILLION VERSUS. IBES ESTIMATE EUR 72.5 MILLION
YIT Q3 REVENUE EUR 530 MILLION VERSUS. IBES ESTIMATE EUR 505.5 MILLION
YIT Q3 EBIT EUR 9 MILLION
YIT Q3 ADJUSTED EBIT MARGIN 5.7%
GROWING SHARE OF DATA CENTER CONSTRUCTION IN OUR PORTFOLIO IS EXPECTED TO PROVIDE FURTHER SUPPORT FOR PROFITABILITY IMPROVEMENT FROM 2027 ONWARDS.
NEW ORDERS TOTALING MORE THAN EUR 900 MILLION IN QUARTER.
INCREASED ANNUAL GROWTH TARGETS FOR INFRASTRUCTURE AND BUILDING CONSTRUCTION SEGMENTS TO 15% AND 6% RESPECTIVELY.
SET A REDUCTION TARGET TO HALVE CLTIF METRIC DURING STRATEGY PERIOD
STABLE FINANCIAL PERFORMANCE OF BUSINESSES DURING FIRST NINE MONTHS OF YEAR.
IN FINLAND, PRIMARY APARTMENT MARKET SALES VOLUMES ARE NOT EXPECTED TO INCREASE IN 2026
RESIDENTIAL MARKET IN BALTIC COUNTRIES AND CENTRAL EASTERN EUROPE IS EXPECTED TO CONTINUE FAVORABLE
IN BUILDING CONSTRUCTION, OPERATIONAL PERFORMANCE IS EXPECTED TO IMPROVE.
IN INFRASTRUCTURE, OPERATIONAL PERFORMANCE IS EXPECTED TO REMAIN STABLE.
Source text: ID:nWkr49qNRr
Further company coverage: YIT.HE
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