Brief: YIT Q1 Adjusted EBIT At EUR 8 Mln

YIT Oyj

29/04/2025 06:44

April 29 (Reuters) - YIT Oyj YIT.HE:

Q1 REVENUE EUR 386 MILLION VERSUS. ESTIMATE EUR 390.4 MILLION

Q1 ADJUSTED EBIT EUR 8 MILLION VERSUS. ESTIMATE EUR 0

Q1 ADJUSTED EBIT MARGIN 1.9%

Q1 EBIT EUR 6 MILLION

Q1 PRETAX PROFIT EUR -8 MILLION

OUTLOOK FY ADJUSTED EBIT EUR 20-60 MILLION

Q1 NET INCOME EUR -9 MILLION

PERFORMANCE WAS IN LINE WITH OUR PLANS IN Q1 OF YEAR

BUSINESS SEGMENTS INCREASED THEIR ADJUSTED OPERATING PROFIT

ORDER BOOK INCREASED FROM PREVIOUS QUARTER

MOVING TOWARDS REDUCING OUR DEPENDENCE ON FINNISH RESIDENTIAL MARKET, AS WE ARE DRIVING STRONG GROWTH IN CENTRAL EASTERN EUROPE

APARTMENT SALES IN RESIDENTIAL CEE SEGMENT CONTINUED TO GROW STRONGLY

RECOVERY OF FINNISH RESIDENTIAL MARKET HAS PROCEEDED IN LINE WITH OUR EXPECTATIONS

RESIDENTIAL SALES MIX WAS FAVORABLE IN FINLAND

DEVELOPMENT OF RESERVATION RATES FOR APARTMENTS IN PREMARKETING PHASE HAS BEEN POSITIVE

STAY CONFIDENT THAT PRIMARY APARTMENT MARKET SALES VOLUMES WILL SLIGHTLY INCREASE DURING 2025

RESIDENTIAL MARKET IN BALTIC COUNTRIES AND CENTRAL EASTERN EUROPE IS EXPECTED TO CONTINUE FAVORABLE

OUTLOOK 2025: IN FINLAND, PRIMARY APARTMENT MARKET SALES VOLUMES ARE EXPECTED TO SLIGHTLY INCREASE

OUTLOOK 2025: IN RESIDENTIAL FINLAND SEGMENT, LOW AMOUNT OF COMPLETIONS DURING 2025 WILL LIMIT SEGMENT'S CAPABILITY TO GENERATE PROFIT

OUTLOOK 2025: IN BUILDING CONSTRUCTION, OPERATIONAL PERFORMANCE IS EXPECTED TO IMPROVE

OUTLOOK 2025: IN INFRASTRUCTURE, OPERATIONAL PERFORMANCE IS EXPECTED TO REMAIN STABLE

Source text: ID:nWkr6WJlK

Further company coverage: YIT.HE

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