YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
YIT Corporation Stock exchange release 9 March 2022 at 14:30 a.m.
YIT has agreed with SEB on a one-year extension of its EUR 50 million term loan by utilizing its one-year extension option. The new maturity date for facility is in March 2024. The extension of the loan maturity supports YIT’s existing strong liquidity position.
For further information:
Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358 40 576 0288, tommi.jarvenpaa@yit.fi
Karo Nukarinen, Senior Vice President, Treasury, YIT Corporation, tel. +358 50 564 0920, karo.nukarinen@yit.fi
YIT Corporation
Tommi Järvenpää
Vice President, Investor Relations
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have been creating better living environments for our customers: functional homes for sustainable living, future-proof public and commercial buildings and infrastructure for smoother flow of people, businesses and society. We employ 7,000 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2021 was EUR 2.9 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com