Overview

• Finland construction firm's Q4 revenue rose to EUR 557 mln, driven by Residential CEE

• Adjusted operating profit for Q4 increased to EUR 25 mln

• Company's net interest-bearing debt decreased to EUR 560 mln

Outlook

• YIT expects 2026 adjusted operating profit to be EUR 70-100 mln

• Residential market in Baltic and CEE expected to remain favorable in 2026

• Finnish apartment market sales volumes not expected to increase in 2026

Result Drivers

• CEE APARTMENT SALES - Increased apartment sales in the Baltic and CEE countries, particularly in Czech and Polish markets, supported revenue growth

• TRIPLA REFINANCING - Refinancing of Tripla Mall Ky enabled return of capital and profit distributions, supporting cash flow

• FINNISH MARKET WEAKNESS - Prolonged weak market conditions in Finland affected sales and profit generation in Residential Finland

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 3 "sell" or "strong sell"

• The average consensus recommendation for the homebuilding peer group is "buy."

• Wall Street's median 12-month price target for YIT Oyj is €2.95, about 6.5% below its February 5 closing price of €3.16

• The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 83 three months ago

Press Release: ID:nWkr9BRylw

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)