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Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

7.32EUR
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

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

Yit to construct apartment building project in Kuopio, Finland
Monday, 10 Jul 2017 06:00am EDT 

July 10 (Reuters) - YIT OYJ ::YIT TO START THE CONSTRUCTION OF AN APARTMENT BUILDING PROJECT IN KUOPIO, FINLAND.TOTAL VALUE OF PROJECT IS APPROXIMATELY EUR 20 MILLION AND IT WILL BE COMPLETED IN SPRING 2019.START-UP IS RECORDED IN Q3.  Full Article

Yit to construct rental apartments worth over EUR 10 mln
Friday, 30 Jun 2017 07:00am EDT 

June 30 (Reuters) - YIT OYJ ::YIT TO CONSTRUCT RENTAL APARTMENTS WORTH OVER EUR 10 MILLION IN THE CAPITAL REGION IN FINLAND.‍AGREEMENT FOR ONE PROJECT IS SIGNED WITH KIRKKONUMMEN VUOKRA-ASUNNOT OY AND FOR OTHER PROJECT WITH SUOMEN ASUNTOYHTYMÄ OY​.‍SALES OF PROJECTS ARE RECORDED IN Q2 OF YEAR​.  Full Article

YIT starts construction of apartment building projects in Helsinki and Espoo, Finland
Thursday, 22 Jun 2017 04:00am EDT 

June 22 (Reuters) - YIT OYJ ::YIT STARTS THE CONSTRUCTION OF APARTMENT BUILDING PROJECTS IN HELSINKI AND ESPOO, FINLAND.PROJECT WILL BE COMPLETED IN AUTUMN 2018..‍COMBINED VALUE OF PROJECTS IS APPROXIMATELY EUR 25 MILLION​.‍PROJECT WILL BE COMPLETED IN SPRING 2019​.START-UPS ARE RECORDED IN Q2.  Full Article

YIT secures agreement for hotel implementation in Helsinki
Friday, 19 May 2017 06:00am EDT 

May 19 (Reuters) - YIT OYJ ::THE CLOSING OF THE AGREEMENT TO IMPLEMENT THE HOTEL FOR YIT'S TRIPLA PROJECT SECURED.VALUE OF PROJECT FOR YIT IS ABOUT EUR 88 MILLION, AND IT IS RECORDED IN YIT'S ORDER BACKLOG IN CONNECTION WITH CLOSING OF AGREEMENT.CONSTRUCTION OF HOTEL WILL START IN BEGINNING OF AUTUMN 2017, AND IT IS SCHEDULED FOR COMPLETION IN EARLY 2020.CLOSING OF AGREEMENT TO IMPLEMENT HOTEL FOR YIT'S TRIPLA PROJECT SECURED.  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.