YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
YIT Corporation Stock exchange release 30 November 2021 at 9:45 a.m.
YIT has agreed with Swedbank on a two-year extension of its EUR 50 million credit facility. The new maturity date for the EUR 50 million credit facility is in November 2023.
The extension of the loan maturity supports the existing excellent liquidity position of YIT and prolongs the maturity profile of its loans.
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 with a strong customer focus and clear mission to create better living environments. We develop and build functional homes for sustainable living, future-proof public and commercial buildings and infrastructure for smoother flow of people, businesses and society. We employ 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com