Q4 2024 YIT Oyj Earnings Call Transcript

Feb 07, 2025

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Feb 07, 2025 / 08:00AM GMT
Essi Nikitin - YIT Oyj - Vice President - Investor Relations

Good morning, everyone and welcome to YIT's full year 2024 results webcast. My name is Essi Nikitin and I'm heading the investor relations at YIT. Together with me, here are our CEO Heikki Vuorenmaa; and CFO Tuomas Maekipeska.

Without further ado, I will hand over to Heikki. Please go ahead.

Heikki Vuorenmaa - YIT Oyj - Chairman of the Group Management Team, President, Chief Executive Officer

Thank you, Essi, and good morning and welcome to the webcast also from my behalf. We ended the year with positive news on our apartment sales. The quarterly apartment sales increased in Finland with December being the best month in 2024. We started new projects to respond demand in certain Finnish cities.

Also the sales in our residential operations in the (inaudible) remained strong, quarterly sales hitting a three year high. Total YIT homes that we sold to the market during the Q4 as we include also the joint venture apartment sales exceeded 700 units during the fourth quarter.

Our

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