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Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

6.70EUR
22 Feb 2017
Change (% chg)

€-0.08 (-1.18%)
Prev Close
€6.78
Open
€6.78
Day's High
€6.82
Day's Low
€6.64
Volume
582,526
Avg. Vol
542,002
52-wk High
€8.09
52-wk Low
€4.87

Latest Key Developments (Source: Significant Developments)

YIT to construct terminal project for Posti in Vantaa, Finland
Tuesday, 14 Feb 2017 02:00am EST 

Yit Oyj : Says has signed a contract with Posti to carry out a terminal project in Viinikkala, Vantaa . Construction of terminal property of 26,000 square metres will be completed in summer 2018 .Value of project for YIT is about 29 million euros ($30.78 million).  Full Article

Yit starts construction of 2nd apartment building in Ranta-Tampella
Tuesday, 7 Feb 2017 01:00am EST 

Yit Oyj : Starts construction of already second apartment building in Ranta-Tampella, Tampere, Finland . Value of building is about 30 million euros .Construction estimated to be completed in autumn 2018.  Full Article

Yit Q4 adj. EBIT EUR 28.7 million, above estimates
Friday, 3 Feb 2017 01:05am EST 

Yit Oyj : Q4 net sales 513.7 million euros ($552.54 million) versus 495 million euros seen in Reuters poll . Q4 adjusted EBIT 28.7 million euros (Reuters poll: 27.3 million euros) . Proposes 2016 dividend of 0.22 euro per share (Reuters poll 0.23 euro per share) . 2017 group revenue is estimated to grow by 0-10 pct .Adjusted operating profit is estimated to be in range of 90 million-105 million euros in 2017.  Full Article

YIT acquires plot for area development project in Prague, Czech Republic
Tuesday, 31 Jan 2017 01:00am EST 

Yit Oyj : Says has acquired a plot for area development project in Prague, Czech Republic .Construction of first phase is estimated to start in spring 2017.  Full Article

Yit to sell office and logistics property in Vantaa, Finland
Tuesday, 24 Jan 2017 06:00am EST 

Yit Oyj : Yit to sell office and logistics property in Vantaa, Finland to fund managed by Aberdeen . Total value of contract is about 35 million euros ($38 million) .Project will be completed in spring 2018.  Full Article

Northern Horizon Capital: Baltic Horizon Fund to buy office building in Vilnius
Thursday, 19 Jan 2017 02:16am EST 

Northern Horizon Capital AS : Baltic Horizon Fund will acquire newly constructed Duetto I office building located in Vilnius, Lithuania . Purchase price under agreement is 14.6 million euros ($15.5 million) .Fund will also obtain call option to acquire neighboring Duetto II when building is constructed in future.  Full Article

Yit to sell Duetto I office building in Vilnius, Lithuania
Thursday, 19 Jan 2017 02:12am EST 

Yit Oyj : To sell the Duetto I office building in Vilnius, Lithuania . Buyer is Baltic Horizon Fund .Purchase price is about 15 million euros ($16 million).  Full Article

Yit to sell apartments worth about EUR 10 million for rental use
Friday, 30 Dec 2016 07:02am EST 

Yit Oyj : Yit to sell apartments worth about 10 million euros ($10.6 million) for rental use . Has signed agreements on sale of 46 apartments to residential funds .Apartments will be recorded in Q4 sales.  Full Article

Yit to start cooperation in housing development projects in the CEE countries
Friday, 23 Dec 2016 03:30am EST 

Yit Oyj : YIT is involved in establishing a fund that invests in housing development projects in the CEE countries . Fund's equity is approximately 37 million euros ($38.6 million) .Investors in fund are YIT (40%), Etera (30%) and a group of finnish private investment companies (altogether 30%).  Full Article

YIT signs a LoI on the implementation of a hotel in Helsinki
Friday, 23 Dec 2016 01:00am EST 

Yit Oyj : Signed a letter of intent on the implementation of the hotel for the Tripla Project in Central Pasila, Helsinki . Hotel is scheduled for completion in early 2020. .Intention is to sign final project agreements in early 2017.  Full Article

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