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Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
Provider: GlobalData
Provider: Wright Reports

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YIT Oyj Reiterates FY 2012 Revenue and Operating Profit Guidance

Friday, 27 Apr 2012 01:00am EDT 

YIT Oyj announced that it reiterates its estimate issued in connection with the financial statements for the fiscal year 2011 and according to which, in the fiscal year 2012, revenue will remain at the level of the fiscal year 2011 and fiscal year 2012 operating profit will increase compared with the fiscal year 2011. The profit outlook is based on the segment-level reporting, that is recognition of income based on the percentage of completion. In the fiscal year 2011, the Company reported revenue of EUR 4,382.10 million and operating profit of EUR 200.00 million. According to I/B/E/S Estimates, analysts are expecting the Company to report fiscal year 2012 operating profit of EUR 259.31 million. 

Company Quote

0.165 +2.21%
11:29am EDT