Brief: YIT Reports Q2 EBIT Of €13 Million
BRIEF-YIT Reports Q2 EBIT Of €13 Million July 24 (Reuters) - YIT Oyj YIT.HE:
Q2 EBIT EUR 13 MILLION
Q2 REVENUE EUR 472 MILLION VS. ESTIMATE EUR 467 MILLION
Q2 ADJUSTED EBIT EUR 19 MILLION VS. ESTIMATE EUR 18 MILLION
Q2 NET INCOME EUR -12 MILLION
Q2 ADJUSTED EBIT MARGIN 3.9%
OUTLOOK FY 2026: ADJUSTED EBIT EUR 70-100 MILLION
DECISION TO FOCUS OUR RESIDENTIAL INVESTMENTS ON GROWING CENTRAL EASTERN EUROPE MARKET IS YIELDING RESULTS
OVERALL CONSTRUCTION MARKET IN FINLAND TURNED TO GROWTH IN FIRST HALF OF YEAR
INVESTMENTS IN INFRASTRUCTURE AND DATA CENTERS ARE SUPPORTING REVENUE GROWTH IN OUR CONTRACTING SEGMENTS.
Source text: ID:nWkr1P7pT7
Further company coverage: YIT.HE
(Gdansk Newsroom)
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