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Last €6.28 EUR
Change Today +0.065 / 1.05%
Volume 604.0K
As of 11:29 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

yit oyj (YTY1V) Snapshot

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Day High
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52 Week High
07/4/14 - €8.73
52 Week Low
12/17/14 - €4.17
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for YIT OYJ (YTY1V)

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yit oyj (YTY1V) Details

YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Russia, the Baltic countries, the Czech Republic, and Slovakia. It operates through two segments: Housing, and Business Premises and Infrastructure. The company constructs and sells housing under the YIT Home brand name; develops and constructs holiday homes and various residential areas, offices, shopping malls, public facilities, assisted living facilities, and other business premises; constructs power plants; and renovates projects, as well as provides housing property, and road and street maintenance services. It also offers deep stabilization services; and infrastructure maintenance services comprising earthworks, tunneling, network and regional construction, and other ground engineering works, as well as water treatment plant construction services. In addition, the company constructs natural gas lines, district heating facilities, lines cables, pressure reduction stations, and district heating pumping stations; mining projects; reinforcing foundations; roads and railways that include substructures, conduits, drainages, pumping stations, small bridges and underpasses, paving, lightings, and landscaping facilities; multipurpose sports halls, football halls, ice rinks, floorball halls, tennis halls, and swimming pools; and golf courses and surfacing for sports fields, as well as undertakes harbor construction, and dredging and other marine works. Further, it provides surface excavation services; subgrade stabilization services; underground excavation and reinforcement services; and underground mining construction services. Additionally, the company offers construction machinery and equipment rental, and IT services. YIT Oyj was founded in 1912 and is headquartered in Helsinki, Finland.

5,881 Employees
Last Reported Date: 02/24/15
Founded in 1912

yit oyj (YTY1V) Top Compensated Officers

Chief Executive Officer, President, Chairman ...
Total Annual Compensation: €532.6K
Compensation as of Fiscal Year 2014.

yit oyj (YTY1V) Key Developments

IT Signs Contract with Capital Mill on the Construction of the First Phase in Residential Project in Tallinn, Estonia

YIT has signed a contract with Capital Mill OÜ, on the construction of the first phase in a residential project in Tallinn, Estonia. The total value of the contract is approximately EUR 10 million. The construction of the project will be started in spring 2015 and it is due to be completed in autumn 2016. The project was recorded in the first quarter’s order backlog. The project named Promenaadimaja will be located in the proximity of the Tallinn harbour and the old town and will include apartments and commercial space. The first phase of the project covers the construction of 43 apartments and an underground parking facility.

YIT Signs Contract with University Properties of Finland Ltd on the Construction of the New Building

YIT has signed a contract with University Properties of Finland Ltd. on the construction of the new building for the Institute of Dentistry and the oral heathcare at the Kontinkangas campus of the University of Oulu. The value of the contract is over EUR 10 million. The construction will begin in spring 2015 and be completed in November 2016. The new approximately 10,000 square metre premises will be built in connection with the main building of the Faculty of Medicine at the Kontinkangas campus. The new premises will be used by the oral healthcare services of the City of Oulu, the Institute of Dentistry of the University of Oulu and the dental hygienist training of the Oulu University of Applied Sciences.

YIT Corporation Announces Executive Appointments

The Board of directors of YIT Corporation elected Reino Hanhinen as chairman and Kim Gran and Erkki Järvinen as members of the Personnel Committee. The task of the Personnel Committee is to assist the Board of Directors in issues related to the nomination and remuneration of key personnel within YIT Group. The Board elected Teuvo Salminen as chairman and Satu Huber and Juhani Pitkäkoski as members of the Audit Committee. The Audit Committee assists the Board of Directors in the supervision of the Group’s accounting and reporting processes. Pitkäkoski was elected as a member of the Audit Committee due to his extensive knowledge of the company’s business and finances as well as management, supervision and control systems as the company’s former CEO.


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YTY1V Competitors

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AF Gruppen ASA 100.00 NOK +1.00
JM AB kr258.00 SEK +2.30
Lemminkainen OYJ €11.30 EUR -0.10
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Valuation YTY1V Industry Range
Price/Earnings 12.7x
Price/Sales 0.4x
Price/Book 1.3x
Price/Cash Flow 10.5x
TEV/Sales NM Not Meaningful

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