Q2 2026 YIT Oyj Earnings Call Transcript

Jul 24, 2026 / 07:00 AM GMT

Release Date Price: €2.62

Transcript

Key Points

Positve

YIT Oyj (STU:YIT) reported a significant revenue increase of over 30% in the CEE residential segment, indicating strong performance in this area.
The company launched new projects worth EUR 160 million during the quarter, enhancing its project pipeline.
Infrastructure revenue increased by over 20% compared to last year, reflecting favorable market conditions.
YIT Oyj (STU:YIT) achieved EUR 50 million in annual cost-saving actions by the end of Q2, progressing towards its target of EUR 80 million.
The residential CEE segment reported an operating profit margin of 16.5%, exceeding the strategic target of 15%.

Negative

The residential market in Finland remains challenging, with a 40% decline in revenue and a loss of EUR 6 million for the quarter.
Operating cash flow after investments was EUR 12 million negative for the second quarter, although it showed improvement from the previous year.
Gearing increased to 91% at the end of the quarter, indicating higher financial leverage.
The Finnish residential segment continues to face declining investor sales volume, with no expected improvement in 2026.
The company's net debt remains high at EUR 618 million, despite a decrease from the previous year.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

YIT.HE - Yit Oyj
Q2 2026 YIT Oyj Earnings Call
Jul 24, 2026 / 07:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hi, everyone.

Welcome to YIT's Half Year 2026 results webcast.

My name is Esi Nikitin, and I'm heading the investor relations at YIT.

Together with me here are our CEO, Heikki Vorema, and interim CFO, Markus Pietikainen.

We will first hear Heikki to go through the second quarter developments in the company.

Following that, Markus will walk you through the latest financial developments.

Last but not least, Heikki will wrap up the presentation with a short update on our strategy progress.

After the presentation, the participants will have an opportunity to ask questions from Heikki and Markus.

But now, without further ado, I will hand over the floor to Heikki.

----------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.