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Third party research

YIT: Decent quarter given low completions - Evli

YIT

This is a third party research report and does not necessarily reflect our views or values

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YIT's net sales in Q3 amounted to EUR 402m (Evli/cons. EUR 417.9m/403m), declining clearly y/y given the low amount of consumer apartment completions. The adj. EBIT was a slight positive, amounting to EUR 12m (Evli/cons. EUR 10.3m/10.3m). Guidance range for Group adjusted operating profit for continuing operations adjusted to EUR 40-60m (prev. EUR 30-60m).
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