YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
STOCK EXCHANGE RELEASE SEPTEMBER 21, 2011 AT 9:30 A.M.
YIT’S CAPITAL MARKET DAY IN ST. PETERSBURG, RUSSIA ON 22 SEPTEMBER 2011
YIT, a company with a 50-year track record in Russia, is organising a Capital Market Day for investors and analysts in St. Petersburg, Russia on Thursday, September 22, 2011.
The purpose of the event is to communicate YIT's strategy and operations. The day’s programme consists of presentations by the company’s management and site visits. The Capital Market Day programme is available on YIT’s website at www.yitgroup.com/investors.
The day’s programme begins at 8:50 a.m. local time (MSD) i.e. at 7:50 a.m. Finnish time (EEST). The presentations will take until about 3:00 p.m. (MSD), after which YIT will organise a site visit for the participants to one of its residential construction sites. The presentation by CEO Juhani Pitkäkoski can be seen as a live webcast on YIT’s web site, www.yitgroup.com/webcast, at 9:00 a.m. (MSD). It is also possible to participate in the event during the CEO’s presentation through a conference call.
Programme
Time: September 22, 2011, 8:50 a.m. to 7:00 p.m.
Venue: Hotel Astoria, St. Petersburg
8:30–8:50 a.m.
Registration
8:50–9:00 a.m.
Welcome & Opening
Hanna-Maria Heikkinen, Vice President, Investor Relations
9:00–10:00 a.m.
Balanced, profitable growth: YIT’s strategy for 2012–2014
Juhani Pitkäkoski, President and CEO, YIT Corporation
10:00–10:30 a.m.
Controlled growth towards the first billion
Kari Kauniskangas, Deputy to the Group’s President and CEO
President of International Construction Services
11:00–11:30 a.m.
Back to profitable growth in Building Services Northern Europe
Matti Malmberg, President of Building Services Northern Europe
11:30 a.m.–12 noon
Building Services Central Europe -key growth area for YIT
Karl-Walter Schuster, President of Building Services Central Europe
12 noon –1:00 p.m.
Lunch
1:00–1:30 p.m.
More profitable growth by longer value chain
Tero Kiviniemi, President of Construction Services Finland
1:30–2:00 p.m.
Financially strong player even in volatile operating environment
Timo Lehtinen, CFO, YIT Corporation
2:00–2:30 p.m.
YIT in St. Petersburg
Mikhail Voziyanov, General Director, YIT Lentek
2:30–2:50 p.m.
Petr Morsin, Deputy Chairman of the Severo-Zapadny Sberbank
3:30–6:30 p.m.
Site visit
Webcast
The presentation by CEO Juhani Pitkäkoski can be seen as a live webcast on YIT’s web site, www.yitgroup.com/webcast. The live webcast will begin at 9:00 a.m. local time (MSD) i.e. at 8:00 a.m. Finnish time (EEST). The webcast replay will be available at the same address starting at approximately 12:00 noon Finnish time.
Conference call
During the CEO’s presentation, investors and analyst managers may also participate in the event via a conference call. Participants are requested to call the designated number +44 (0) 20 7162 0077 at least five minutes before the event begins, i.e. at 7:55 a.m. Finnish time.
Any questions during the webcast and conference call should be communicated in English.
Presentation materials
All presentations held during the Capital Market Day will be available in English on 22 September 2011 at approximately 7.30 a.m. Finnish time at www.yitgroup.com/investors.
Schedule in different time zones:
The investor and analyst event, conference call and live webcast | Presentation materials available | Recorded webcast available | |
MSD (St. Petersburg) | 9:00 a.m. | 8:30 a.m. | 12:00 noon |
EEST (Helsinki) | 8:00 a.m. | 7:30 a.m. | 11:00 a.m. |
CEST (Paris, Stockholm) | 7:00 a.m. | 6:30 a.m. | 10:00 a.m. |
BST (London) | 6:00 a.m. | 5:30 a.m. | 9:00 a.m. |
USEDT (New York) | 1:00 a.m. | 00:30 a.m. | 4:00 a.m. |
For further information, please contact:
Hanna-Maria Heikkinen, Vice President, Investor Relations, +358 40 8262 172, hanna-maria.heikkinen@yit.fi
YIT Corporation
Hanna-Maria Heikkinen
Vice President, Investor Relations
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, Central Europe, Russia and the Baltic countries. In 2010, YIT's turnover was approximately EUR 3.8 billion. The Group has almost 26,000 employees. YIT's shares are listed on NASDAQ OMX Helsinki. www.yitgroup.com