Bernard Horn Comments on YIT Oyj

Oct 30, 2014

The prolongation of the Ukraine crisis and stagnation in Finnish construction negatively impacted YIT (OHEL:YTY1V)’s stock price. YIT lowered guidance for 2014, projecting revenue will grow to 0-5% while keeping its operating margin outlook unchanged at 7.5-8%

From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Q3 2014 Shareholder Letter.

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