Listing prospectus for YIT’s EUR 120 million green senior secured notes is available and YIT uses its option to extend maturities of its bank facilities with one year
Back
- Stock Exchange Release
- 28.03.2025 08:30 CET
YIT restates financial information for 2024 reflecting the change in the segment structure
YIT Corporation Stock Exchange Release March 28, 2025, at 09:30 a.m.
YIT restates financial information for 2024 reflecting the change in the segment structure
YIT announced on November 13, 2024, in accordance with the publishing of the new strategy and financial targets, that it had decided to change its segment structure from January 1, 2025, onwards to ensure and support the targeted growth and resilience. YIT has restated financial information for 2024 to reflect the changes. The restated segment financial information for 2024 is presented in the tables attached to this release. The information is unaudited.
To enhance focus and transparency and to accelerate the speed of strategy execution in the residential operations, the Housing segment was divided into two separate operating segments and renamed to Residential Finland and Residential CEE. Business Premises segment was renamed to Building Construction. From 1 January 2025 onwards, YIT has four operating segments: Residential Finland, Residential CEE, Building Construction and Infrastructure.
YIT will change its segment reporting to correspond to the new structure starting from the Interim Report 1–3/2025.
For further information:
Essi Nikitin, Vice President, Investor Relations, YIT Corporation, tel. +358 50 581 1455, essi.nikitin@yit.fi
YIT Corporation
Tuomas Mäkipeska
CFO
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
Read more: www.yitgroup.com and follow us on Linkedin I X I Instagram I Facebook