YIT Oyj (LTS:0GKA)
€ 2.147 -0.008 (-0.37%) Market Cap: 494.81 Mil Enterprise Value: 1.34 Bil PE Ratio: 429.20 PB Ratio: 0.57 GF Score: 63/100

Q4 2021 YIT Oyj Earnings Call Transcript

Feb 04, 2022 / 08:00AM GMT
Release Date Price: €4.24 (-4.42%)
Tommi Jarvenpaa
YIT Oyj - VP of IR

Good morning, and welcome to YIT's 2021 Results Webcast. My name is Tommi Jarvenpaa. I'm the Head of YIT's Investor Relations.

2021 was a year of change for YIT. Today, we will be discussing how our profitability improved and how our businesses have developed. The results will be presented by our CEO, Markku Moilanen; and CFO, Tuomas Makipeska. After the presentation, we will be taking questions from the conference call lines.

At this point, I would like to hand over to Markku. Please go ahead.

Markku Moilanen
YIT Oyj - President, CEO & Member of Management Board

Thank you, Tommi. I started as the President and CEO of YIT the 1st of April on year 2021. And certainly, last year was a year of change for the company. And I and the whole company, we had a clear mission, and I'm very satisfied with the outcome. We took decisive actions to become more resilient in our operational performance. And as a result, we improved our profitability and strengthened our balance sheet. In addition, we launched our new

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