YIT (YIT) Pre-Silent call summary

Executive summary

• Residential CEE segment showed steady growth in revenue and profit, becoming a key profit driver with healthy margins and favorable market conditions in Q1 2026.

• Finnish residential market remains subdued, with declining prices and low purchase intentions; growth is postponed to 2027.

• Cost-saving measures and organizational restructuring in Finland are expected to yield €7 million in adjusted operating profit for 2026 and €18 million in annualized savings by end of 2027.

• Infrastructure and building construction segments are experiencing strong momentum, with significant new contracts and a robust order book.

Trading performance and revenue trends

• Residential CEE apartment sales reached approximately 2,000 units on a rolling 12-month basis in Q1.

• Building construction volumes increased by 12% in Q1, supporting a solid outlook for the year.

• Revenue and profit generation remain weighted toward year-end due to project completion profiles.

Profitability and margins

• Project margins in residential CEE remain at targeted levels, reflecting the quality of new projects.

• Cost savings from the renewed operating model in Finland are expected to support profitability in 2026 and beyond.