YIT’s reviewed strategy for 2020-2022 was confirmed in September 2019. The target of the reviewed strategy continues to be to improve profitability and to maintain financial stability. The company’s strategic priorities, sources of growth and structural profitability, include urban development and the non-cyclical Partnership properties and services businesses.
The Board of Directors confirmed the long-term financial targets for return on capital employed (ROCE) above 12% (unchanged) and gearing ratio 30-50% including the impact of IFRS 16 by the end of the strategy period (unchanged). In addition, the company seeks an annually growing dividend (unchanged) to be paid in two instalments.
READ MORE ABOUT YIT'S STRATEGY