Edition:
United States

Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

6.95EUR
22 Sep 2017
Change (% chg)

€0.00 (+0.07%)
Prev Close
€6.95
Open
€6.95
Day's High
€6.97
Day's Low
€6.93
Volume
256,475
Avg. Vol
551,766
52-wk High
€8.09
52-wk Low
€6.25

Latest Key Developments (Source: Significant Developments)

YIT signs a road and city maintenance contracts
Thursday, 21 Sep 2017 02:00am EDT 

Sept 21 (Reuters) - YIT OYJ :YIT TO START NEW ROAD AND CITY MAINTENANCE CONTRACTS IN OCTOBER.‍TOTAL VALUE OF CONTRACTS IS OVER EUR 100 MILLION AND CONTRACTS ARE RECORDED TO ORDER BACKLOG OF Q3​.‍CONTRACTS START OCTOBER 1, 2017 AND COVER FIVE YEARS.​.  Full Article

YIT shareholders approve issuance of new shares to shareholders of Lemminkäinen
Tuesday, 12 Sep 2017 05:00am EDT 

Sept 12 (Reuters) - YIT OYJ :‍SHAREHOLDERS OF LEMMINKÄINEN SHALL RECEIVE AS MERGER CONSIDERATION 3.6146 NEW SHARES OF YIT FOR EACH SHARE OWNED IN LEMMINKÄINEN​.‍ANY COSTS RELATED TO SALE AND DISTRIBUTION OF FRACTIONAL ENTITLEMENTS SHALL BE BORNE BY YIT​.‍TOTAL OF 83,876,431 NEW SHARES IN YIT WOULD BE ISSUED TO SHAREHOLDERS OF LEMMINKÄINEN AS MERGER CONSIDERATION​.  Full Article

YIT and joint venture partner IMMOCAP buy plot in Bratislava, Slovakia
Friday, 8 Sep 2017 03:00am EDT 

Sept 8 (Reuters) - YIT OYJ ::YIT HAS ACQUIRED A PLOT FOR A SIGNIFICANT AREA DEVELOPMENT PROJECT IN THE CENTRE OF BRATISLAVA, SLOVAKIA.‍YIT TOGETHER WITH LOCAL JOINT VENTURE PARTNER IMMOCAP, HAS ACQUIRED AN APPROXIMATELY 3.7-HECTARE PLOT IN CENTRE OF BRATISLAVA​.‍ESTIMATED START-UP OF FIRST PHASE OF PROJECT HAS BEEN SCHEDULED FOR 2021​.  Full Article

Yit sells housing projects in Slovakia and Lithuania
Tuesday, 22 Aug 2017 02:00am EDT 

Aug 22 (Reuters) - YIT OYJ :YIT CONTINUES CO-OPERATION WITH YCE HOUSING I FUND BY SELLING HOUSING PROJECTS IN BRATISLAVA, SLOVAKIA AND VILNIUS, LITHUANIA.VALUE OF PROJECTS IN TOTAL IS APPROXIMATELY EUR 25 MILLION, AND SALES ARE RECORDED IN Q3 OF YEAR.  Full Article

YIT starts the construction of an apartment building project in the Moscow region
Thursday, 17 Aug 2017 01:00am EDT 

Aug 17 (Reuters) - YIT OYJ :YIT TO START THE CONSTRUCTION OF A NEW APARTMENT BUILDING PROJECT IN THE MOSCOW REGION, RUSSIA.‍TOTAL VALUE OF PROJECT IS APPROXIMATELY EUR 10 MILLION AND START-UP IS RECORDED IN Q3​.‍PROJECT WILL BE COMPLETED BY END OF SUMMER 2019.​.  Full Article

YIT to construct production and logistics premises in Lithuania
Wednesday, 16 Aug 2017 07:00am EDT 

Aug 16 (Reuters) - YIT OYJ ::YIT TO CONSTRUCT PRODUCTION AND LOGISTICS PREMISES IN LITHUANIA.YIT TO CONSTRUCT PRODUCTION AND LOGISTICS PREMISES IN LITHUANIA.‍VALUE OF DEAL FOR YIT IS APPROXIMATELY EUR 17 MILLION​.PROJECT WILL BE RECORDED IN ORDER BACKLOG IN Q3.  Full Article

Yit subsidiary signs contract for sale of property
Friday, 11 Aug 2017 03:00am EDT 

Aug 11 (Reuters) - YIT OYJ ::A PROPERTY COMPANY OF YIT, AHLSTRÖM CAPITAL AND HGR PROPERTY PARTNERS HAS SIGNED A CONTRACT ON THE SALE OF THE KASARMIKATU 21 OFFICE PROPERTY.‍TRANSACTION IS EXPECTED TO BE CLOSED BY END OF YEAR, WHEN PROJECT IS EXPECTED TO BE COMPLETED AS WELL​.  Full Article

Yit Q2 adj.operating profit at EUR 22.2 million
Thursday, 27 Jul 2017 01:00am EDT 

July 27 (Reuters) - YIT OYJ ::Q2 REVENUE EUR 509.0 MLN, UP 28% (NOT EUR 457.8 MLN).Q2 ADJUSTED OPERATING PROFIT AMOUNTED TO EUR 22.2 MLN (NOT EUR 25 MLN) VS. EUR 6.6 MLN.EUR -1.1 MILLION OF ADJUSTING ITEMS WERE BOOKED IN PERIOD RELATED TO PREPARATION OF PLANNED MERGER.GUIDANCE FOR 2017 WAS RAISED IN JULY REGARDING BOTH GROUP REVENUE AND ADJUSTED OPERATING PROFIT.GROUP REVENUE IS ESTIMATED TO GROW BY 5-12%..2017 ADJUSTED OPERATING PROFIT IS ESTIMATED TO BE IN RANGE OF EUR 105-115 MILLION.  Full Article

Yit to start new apartment building project in Moscow region
Monday, 17 Jul 2017 03:00am EDT 

July 17 (Reuters) - YIT OYJ :YIT TO START A NEW APARTMENT BUILDING PROJECT IN THE MOSCOW REGION, RUSSIA.TOTAL VALUE OF PROJECT IS APPROXIMATELY EUR 15 MILLION AND IT WILL BE COMPLETED BY END OF 2018.START-UP WAS RECORDED IN Q2.  Full Article

Yit raises 2017 guidance for group revenue and adjusted operating profit
Thursday, 13 Jul 2017 03:45am EDT 

July 13 (Reuters) - YIT OYJ :YIT RAISES ITS GUIDANCE FOR 2017 REGARDING BOTH THE GROUP REVENUE AND THE ADJUSTED OPERATING PROFIT.NEW GUIDANCE FOR 2017 (SEGMENT REPORTING, POC) : GROUP REVENUE IS ESTIMATED TO GROW BY 5-12%.NEW GUIDANCE FOR 2017 (SEGMENT REPORTING, POC): ADJUSTED OPERATING PROFIT IS ESTIMATED TO BE IN RANGE OF EUR 105-115 MILLION..SHARES UP 5 PERCENT.  Full Article

UPDATE 1-Finnish builder YIT to buy rival Lemminkainen in stock deal

HELSINKI, June 19 Finland's largest construction company YIT will acquire rival Lemminkainen for 632 million euros ($707 million) in an all-share deal aimed at boosting growth, the firms said on Monday.