Key Developments: Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

4.42EUR
19 Dec 2014
Price Change (% chg)

€-0.08 (-1.69%)
Prev Close
€4.50
Open
€4.55
Day's High
€4.56
Day's Low
€4.32
Volume
1,466,862
Avg. Vol
700,234
52-wk High
€10.70
52-wk Low
€4.17

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Latest Key Developments (Source: Significant Developments)

YIT sells plots worth EUR 5 MLN in Q4 to Hypo Group
Wednesday, 17 Dec 2014 05:00am EST 

YIT Oyj:During Q4 YIT has sold plots worth around EUR 5 million and transferred pre-agreements for the purchase of plots worth over EUR 10 million to funds administered by the Hypo Group within the framework of the agreement.Says will continue to develop its projects on the plots and will pay rent for the plots to the funds.  Full Article

YIT To build shopping centre in Lithuania
Tuesday, 16 Dec 2014 06:00am EST 

YIT Oyj:To construct a shopping centre in Vilnius, Lithuania.Says the value of the contract is about 11 million euros.  Full Article

YIT Oyj sells a business premise in Vuosaari, Helsinki to Pohjola Property Management
Friday, 28 Nov 2014 04:30am EST 

YIT Oyj:Has signed an agreement on the sale of a business premise to be constructed in Vuosaari, Helsinki to Real Estate Fund Finland III Ky operated by Pohjola Property Management Ltd.The construction will begin in March 2015 and the project will be completed in spring 2016.The value of the project is about 8 million euros including the plot that will be bought from the city of Helsinki.  Full Article

YIT Oyj to build a senior centre for the city of Espoo
Friday, 21 Nov 2014 05:00am EST 

YIT Oyj:Says has signed an agreement to build a senior centre in the neighbourhood of Leppavaara, Espoo to Espoo Life and Living Ltd, a company fully owned by the city of Espoo.The construction will start in the beginning of 2015, and the project will be completed in late 2016.The total value of the contract is over 20 million euros.  Full Article

YIT Oyj increases holding in Slovakian subsidiary to 100 percent
Friday, 21 Nov 2014 04:00am EST 

YIT Oyj:Increases holding in Slovakian subsidiary to 100 percent.Says acquires 30 percent of the shares from minority shareholder Ladislav Versovsky.  Full Article

YIT signs deal with TA-Yhtyma on construction projects
Tuesday, 4 Nov 2014 06:00am EST 

YIT Oyj:YIT and TA-Yhtyma have signed a pre-agreement on the construction of subsidised right-of-occupancy and rental apartments.The pre-agreement covers over 20 residential properties.A maximum of around 750 apartments will be designed and constructed by YIT on plots controlled or owned by YIT.First projects are estimated to be started at the turn of the year 2014/2015, and the goal is to start all projects during 2015 with completions estimated to take place before the end of 2016.The projects will be booked in the order backlog once the individual deals are closed.  Full Article

YIT repeats FY 2014 core operating profit margin guidance
Thursday, 30 Oct 2014 02:00am EDT 

YIT Oyj:Repeats its recently-updated FY 2014 guidance of a core operating profit margin between 6.5 and 7.3 percent.  Full Article

YIT to build rental and right-of-occupancy apartments worth nearly 30 million euros
Monday, 20 Oct 2014 07:30am EDT 

YIT Oyj:Says to build rental and right-of-occupancy apartments worth nearly 30 million euros.  Full Article

YIT lowers FY 2014 core operating profit margin
Tuesday, 14 Oct 2014 05:00am EDT 

YIT Oyj:Says expects its FY 2014 core operating profit margin to be in the range of 6.5-7.3 percent, compared to its previous guidance of 7.5-8.0 percent.Says has reiterated the estimate of 0-5 percent sales growth in comparable exchange rates for the full year.Warns its profitability will suffer due to weaker-than-expected sales in Russia.  Full Article

YIT Oyj wins road maintenance contracts
Wednesday, 1 Oct 2014 07:30am EDT 

YIT Oyj:Says YIT to start new road maintenance contracts in October.Says total value of the contracts is over 80 million euros.  Full Article

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