YIT Oyj (STU:YIT)

€ 2.51 0.024 (0.97%) Market Cap: 583.35 Mil Enterprise Value: 1.43 Bil PE Ratio: 506.00 PB Ratio: 0.67 GF Score: 24/100

Q3 2021 Yit Oyj Pre-Silent Call Transcript

Sep 28, 2021 / NTS GMT

Release Date Price: €4.61 (-1.91%)

Transcript

Tommi Jarvenpaa

YIT Oyj - VP of IR

(technical difficulty)

Salonen, and I'm Tommi Jarvenpaa, Head of YIT's IR.

Please note that the call is being recorded, and the recording will be published on our website after the call. We will then take questions after Ilkka's update.

But at this point, Ilkka, please go ahead.

Ilkka Seppo Salonen

YIT Oyj - CFO & Member of Management Board

Thank you, Tommi, and welcome to the silent call.

If we look at the Q3, as such it's -- it has been pretty much as expected. Previously, we have started with a COVID update. At this stage, it's quite easy one, just to say that it is expected that those will be -- restrictions will be removed in Finland in the beginning of Q4, and things from that side are going to the right direction.

But then if you look at the segment by segment, generally, the solid performance in the housing businesses in Finland, CEE as well as in Russia. Continued into Housing Finland and CEE, the activity itself has continued in a good level after the summer

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