Brief: YIT Q4 Order Book Falls To EUR 2,941 Mln

YIT Oyj

07/02/2025 06:37

Feb 7 (Reuters) - YIT Oyj  YIT.HE :
    * CONTINUES TO SEEK FURTHER SAVINGS AND EFFICIENCIES
    * STOCK OF UNSOLD COMPLETED APARTMENTS CONTINUES TO DECLINE
AND IS
EXPECTED TO REACH NORMAL LEVELS DURING 2025
    * OVERALL LOW PRODUCTION VOLUMES AND LOW NUMBER OF APARTMENT
COMPLETIONS WILL LIMIT RESIDENTIAL FINLAND SEGMENT'S CAPABILITY
TO GENERATE PROFIT IN 2025
    * BUILDING CONSTRUCTION SEGMENT'S OPERATIONAL PERFORMANCE IS
EXPECTED TO CONTINUE IMPROVING
    * THERE ARE NO DEFINITIVE SIGNS OF A STRONG RECOVERY IN
FINNISH
RESIDENTIAL CONSTRUCTION MARKET IN 2025
    * Q4 ORDER BOOK EUR 2,941 MILLION MILLION VERSUS EUR 3,157
MILLION
YEAR AGO
    * RESIDENTIAL MARKET IN BALTICS, CCE EXPECTED TO CONTINUE
FAVORABLE, CONTRIBUTING POSITIVELY TO RESIDENTIAL CEE SEGMENT'S
CAPABILITY TO GENERATE PROFIT
    * IN FINLAND, PRIMARY APARTMENT MARKET SALES VOLUMES ARE
EXPECTED
TO SLIGHTLY INCREASE DURING 2025
    * IN INFRASTRUCTURE, OPERATIONAL PERFORMANCE IS EXPECTED TO
REMAIN
STABLE
    * CHANGES IN MACROECONOMIC ENVIRONMENT, ESPECIALLY IN
INTEREST
RATES, MAY IMPACT RESIDENTIAL MARKET DEMAND AND FAIR VALUE OF
INVESTMENTS
    * ESCALATION OF GEOPOLITICAL RISKS REFLECTED IN GENERAL
UNCERTAINTY AND DEMAND COULD HAVE A NEGATIVE IMPACT ON COMPANY'S
FINANCIAL POSITION
    * WILL NOT PROPOSE DIVIDEND TO BE DISTRIBUTED BASED ON
BALANCE
SHEET TO BE ADOPTED FOR 2024

Source text:  ID:nWkr7Psz0X 
Further company coverage:  YIT.HE 

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