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- Stock Exchange Release
- 26.08.2010 09:00 CET
YIT CAPITAL MARKETS DAY IN STOCKHOLM ON SEPTEMBER 2, 2010
STOCK EXCHANGE RELEASE AUGUST 26, 2010 AT 10:00 A.M.
YIT CAPITAL MARKETS DAY IN STOCKHOLM ON SEPTEMBER 2, 2010
On Thursday, September 2, 2010 YIT will hold a Capital Markets Day for investors and analysts in Stockholm, Sweden.
The focus of the event will be on YIT's strategy for 2011-2013 and how YIT seeks profitable growth in its current and new markets.
The key strategic target is profitable growth. The Group's annual revenue growth target has been increased to more than 10 per cent on average, whereas the previous target for annual revenue growth was 5-10 per cent on average.
In the afternoon, an excursion to Karolinska university hospital will provide an overview to YIT's building systems service and maintenance operations, where YIT aims to be the leading provider in the Nordic countries and Central Europe.
Agenda
Time: 9-17 local time, CEST Place: Ingenjörshuset Citykonferens, Malmskillnadsgatan 46, Stockholm
8:30-9:00 Registration and morning coffee
9:00-9:45 Accelerating growth - YIT's strategy for 2011-2013 Juhani Pitkäkoski, President and CEO, YIT Corporation
10:00-10:30 Profitable growth with higher capital turnover Kari Kauniskangas, Deputy to the Group's President and CEO, Head of International Construction Services business segment
10:30-11:00 Key drivers for increasing YIT's cash flow business Arne Malonæs, Head of Building and Industrial Services business segment
11:15-11:45 Energy - One the focus areas in Construction Services Finland Tero Kiviniemi, Head of Construction Services Finland business segment
11:45-12:15 YIT´s finance strategy and profitability drivers Timo Lehtinen, CFO, YIT Corporation
12:30-13:30 Lunch
13:30-14:00 Making turnaround in acquisitions - YIT in Sweden Fredrik Sederholm, Country Manager, Sweden 14:00-17:00 Maintainer is awake at all times Excursion to Karolinska university hospital area in Solna, where YIT is in charge of the service and maintenance of the hospital's technical building systems together with property management company Locum.
Webcast
A webcast of the presentation given by President and CEO Juhani Pitkäkoski can be viewed live on the day in question starting at 9:00 a.m. local time (CEST) at www.yitgroup.com/webcast. A recording will be available at the same address by 16:00 p.m.
Conference call
Investors and analysts can also participate in the event through a conference call. Conference call participants are requested to call a minimum of five minutes prior to the start of the event, at 8:55 a.m. in +44 (0)20 7162 0077 or +49 (0)695 8999 0507. The conference call will be open during the CEO's presentation at 9-10 a.m.
Presentation materials All YIT Capital Markets Day materials will be available on the company's Internet site at www.yitgroup.com/investors approximately at 9 a.m. on September 2, 2010
For further information, please contact: Hanna-Maria Heikkinen, Vice President, Investor Relations, +358 40 826 2172, hanna-maria.heikkinen@yit.fi
YIT Corporation
Virva Salmivaara Senior Vice President, Corporate Communications
Distribution: NASDAQ OMX, principal media, www.yitgroup.com
YIT is a leading European service company in building systems, construction services and services for industry. We build, develop and maintain quality living environments in the Nordic countries, Russia, the Baltic countries and Central Europe. In 2009, YIT's turnover was EUR 3.5 billion. The Group has 23,500 employees. YIT's shares are listed on NASDAQ OMX Helsinki.