YIT’s comparable figures for 2013 in accordance with the new segment structure

YIT’S COMPARABLE FIGURES FOR 2013 IN ACCORDANCE WITH THE NEW SEGMENT STRUCTURE

YIT Corporation changed its segment structure as of the beginning of 2014. The company’s two reporting segments as of January 1, 2014 are 1) Housing and 2) Business Premises and Infrastructure. Under the Housing segment, key financial figures are also reported for two geographical regions: 1) Finland, the Baltic countries and Central Eastern Europe, and 2) Russia. The Business Premises and Infrastructure segment comprises business premises construction in Finland, the Baltic countries and Central Eastern Europe, as well as infra services in Finland. Reporting under the new segment structure will begin from the January–March 2014 interim report, which will be published on April 25, 2014.

The reason behind the replacement of the former, geographical segment structure is the aim to renew the structure to better match the company’s new management structure and business areas. The objective of the new segment and management structure is to strengthen the development of YIT’s strategic focus areas and support growth in the company’s own-developed projects, particularly in emerging markets. The changes are aimed at facilitating the effective implementation of the company’s strategy as well as an increasingly customer-focused operating model.

YIT’s comparable figures for 2013 according to the new segment structure based on segment reporting (POC) are presented below.

Revenue

Operating profit

Operating profit excluding non-recurring items

Operating profit for October-December in 2013 includes a non-recurring cost of EUR 1.2 million related to restructuring measures. Of the non-recurring cost, EUR 0.5 million was booked in Housing segment (Finland, the Baltic countries and Central Eastern Europe), EUR 0.5 million in Business Premises and Infrastructure segment and EUR 0.2 million in other items.

Operating profit margin

Operating profit margin excluding non-recurring items

Order backlog

Personnel at the end of the period

Assets

Liabilities

Segments’ operative invested capital¹

Segments’ return on operative invested capital¹

¹ Only operational items are taken into account in calculating the segments’ invested capital.

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, +358 50 390 6750, sanna.kaje@yit.fi

YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations        

Distribution: NASDAQ OMX, principal media, www.yitgroup.com

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over 100 years of experience have secured for us a strong market position: We are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia.  Our vision is to stay one step ahead – while caring for our customers, partners and personnel. We have more than 6,000 employees in seven countries. In 2013, our revenue amounted to nearly EUR 1.9 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com