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YIT Oyj — Management Reports 2025
Mar 28, 2025
3249_rns_2025-03-28_aff9632d-5a33-44a8-bf72-c508b2a88f6b.html
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YIT restates financial information for 2024 reflecting the change in the segment structure
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, [email protected]
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
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