YIT Oyj/€YIT

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About YIT Oyj

YIT Oyj is a Finnish company operating in the construction and building sector. It focuses on the development and construction of apartments, business premises, and infrastructure projects. The company provides a range of services including residential construction, non-residential construction, and infrastructure development, serving clients across the private and public sectors. Founded in 1912, YIT is headquartered in Helsinki, Finland, and operates primarily in the Nordic countries, Central Eastern Europe, and Russia. Known for its comprehensive solutions in urban development, YIT emphasizes sustainability and long-term partnerships as part of its strategic positioning.
Ticker
€YIT
Primary listing
XHEL
Employees
4,100
Headquarters
Helsinki, Finland

YIT Oyj Metrics

BasicAdvanced
€857M
-
-€0.31
0.88
-

Bulls say / Bears say

Underlying operating momentum improved in Q2: revenue increased to EUR 472 million, adjusted operating profit rose to EUR 19 million from EUR 14 million, and the adjusted margin improved to 3.9% from 3.1%. (YIT Half-Year Report)
YIT is benefiting from infrastructure and data-center demand: the Building Construction and Infrastructure order books stood at EUR 1.026 billion and EUR 901 million, respectively, while YIT highlighted an approximately EUR 300 million atNorth data-center investment in Kouvola. (YIT Half-Year Report)
Residential CEE is showing stronger growth and profitability than Finland: Q2 adjusted operating profit rose to EUR 14 million from EUR 3 million, with 511 apartments sold and a segment margin above 16%. (YIT Half-Year Report)
Finnish residential remains a material drag: Q2 adjusted operating profit fell to EUR -6 million from EUR 2 million, apartment sales declined to 90 from 133, and no new self-developed projects were started. (YIT Half-Year Report)
Balance-sheet risk remains elevated: net interest-bearing debt was EUR 618 million and gearing rose to 91% at June 30, 2026, while Q2 operating cash flow after investments remained negative at EUR -12 million. (YIT Half-Year Report)
Reported profitability is still weak despite improving adjusted earnings: YIT posted a EUR 46 million net loss for the first half, including negative fair-value adjustments on Tripla Mall and OP Vuokrakoti investments, while net finance costs increased to EUR 29 million. (YIT Half-Year Report)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.

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