YIT as an investment

Why invest in YIT?

Clear focus and profitable growth in housing, large land bank, strong brand and market position, annually growing dividend.


YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have been creating better living environments for our customers: functional homes for sustainable living, future-proof public and commercial buildings and infrastructure for smoother flow of people, businesses and society.

Revenue

2.7 B€

Dividend

0.16 €

Personnel

~5,500

Revenue by segment
Personnel by segment

Customer offering

  • Lauttasaari apartments and people

    Housing

    We build functional and sustainable homes and environments in growing cities, making sustainable living easy.

    Read more                                        References

  • Business premises

    We build and renovate schools, hospitals, commercial and public spaces to ensure optimal usability over the life cycle.

    Read more                          References

  • Infrastructure

    We build railroads, bridges, tunnels, structures and facilities in demanding environments to enable a smoother flow of sustainable living for people, businesses and society

    Read more                          References

  • Partnership properties

    We develop future-proof urban environments, catering for changing needs of sustainable living for people, businesses and society.

    Read more                            References

Operating environment

YIT operates in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. YIT is the market leader in Housing business in Finland and a major player in Poland, the Czech Republic and Slovakia.

YIT announced in October 2020 that it would close down its infrastructure business in Norway. The close down is estimated to last until 2022.

YIT announced on 1 April 2022 that it had signed an agreement for the sale of YIT´s operations in Russia.

Read more about our operating environment

An up-to-date description of the regional market outlook in the latest interim report

Map of YIT's locations
YIT's locations on map and businesses in different market areas.

Strategy

The key target of YIT’s strategy is to seek growth in the Housing business and to improve the Group’s profitability. As a part of the strategy, YIT has redefined and clarified its business model. The strategy will be executed through three strategic priority areas: Focus, Productivity, and ESG. 

Read more about our strategy

Strategic targets

Operating profit margin
(%)

>6

Gearing
(%)

<50

Dividend per share
(€)

stable growth

Commitment
(SBTi)
1.5°

YIT has set strategic targets related to financial development and sustainability for 2022-2025. The aim is to raise the operating profit margin to over 6%, reduce the gearing to less than 50% and ensure stable growth of dividend per share.  In addition, YIT has committed to the Science Based Targets initiative (SBTi) to limit global warming to 1.5 degrees in line with the Paris Climate Agreement.

Read more about our dividend payout

YIT as a responsible investment

We want to be builders of future-proof urban environments. Being future-proof means operating responsibly and in accordance with sustainable development, which allows the products we build and the world around us to maintain their value in the future.

The most material sustainability themes for YIT are:

1) Creating sustainable, comfortable and safe urban development by utilising opportunities provided by the circular economy.

2) Compliance with good corporate governance and preventing corruption and the grey economy. 3) Occupational safety. 4) Promoting the personnel’s occupational well-being and competence development. 5) Implementing responsible subcontracting and procurement. 6) Reducing the environmental impacts of YIT’s own operations.

Read more about our sustainability work                                                    Read more about our governance practices

Climate targets

1.5°

YIT commits to the Science Based Targets initiative (SBTi) to limit global warming to 1.5 degrees in line with the Paris Climate Agreement. YIT is the first Finnish construction company to commit to reducing emissions from both its own operations and its value chain in accordance with the Science Based Targets Initiative. With this commitment, YIT strengthens its previous climate work and updates its current climate targets to be more comprehensive, which will also reduce the emissions of YIT's customers.

Our sustainability targets

 

UN Sustainable Development Goals

     

We are committed to supporting the UN Sustainable Development Goals (SDGs). The most significant of the SDG's with respect to our operations are:

  • Goal 11. Sustainable cities and communities
  • Goal 12. Responsible consumption and production
  • Goal 13. Climate action
  • Goal 16. Peace, justice and strong institutions
  • Goal 8. Decent work and economic growth

How we promote the goals

Green Finance Framework

YIT has established a Green Finance Framework to support investments promoting the transition towards carbon-neutral circular economy.

Read more about the Framework

ESG reporting

             

YIT strives to report openly on its operations in relation to sustainable development. 

CDP Climate Change C rating (2021)
CDP Forests C- rating (2021)
MSCI AA rating (2020)

Our sustainability reporting

Acquisition history

During the last years, YIT's major acquisitions and disposals have been:

  • Sale of Nordic paving and mineral aggregates businesses in 2020
  • Merger of YIT and Lemminkäinen in 2018
  • Demerger of YIT Corporation and Caverion Corporation in 2013

More information on acquisitions and YIT's history

Updated 11.05.2022