YIT as an investment

Why invest in YIT?

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


YIT is a leading construction and development company. Building on over 110 years of experience, we develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, and infrastructure to support the green transition.

Revenue

2.2 B€

Osinko

YIT´s Board of Directors proposes that no dividend be distributed based on the balance sheet to be adopted for 2023.

Personnel

~4,300

Revenue by segment
Personnel by segment

Customer offering

  • Lauttasaari apartments and people

    Housing

    We build highly functional and sustainable homes and living environments in growing cities. We provide the framework for easy and convenient housing that is aligned with the principles of sustainable development.

    Read more                                        References

  • Business premises

    We build and renovate commercial and public premises to ensure optimal usability throughout the life-cycle.

    Read more                          References

  • Infrastructure

    We build tracks, rails, roads, bridges, tunnels, halls and facilities in challenging environments. We also maintain roads, streets and green areas to make it smoother for people, businesses and society to live a sustainable life. 

    Read more                          References

Operating environment

YIT operates in eight countries: Finland, Sweden, 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 on January 2024 that as a result of the strategic review, YIT had decided to close down its infrastructure business in Sweden. 

Read more about our operating environment 
 

An up-to-date description of the regional market outlook in the latest financial 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. We enable ​sustainable lifestyle ​for our customers​
  2. Reducing environmental ​impact of own operations
  3. Occupational safety
  4. Good governance and preventing corruption and gray economy
  5. Safeguarding ​biodiversity
  6. Promoting ​competence ​development of our ​personnel
  7. Respecting ​human rights
  8. Responsible ​subcontracting and ​procurement

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

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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 5. Gender equality
  • Goal 6. Clean water and sanitation
  • Goal 7. Affordable and clean energy
  • Goal 8. Decent work and economic growth
  • Goal 11. Sustainable cities and communities
  • Goal 12. Responsible consumption and production
  • Goal 13. Climate action
  • Goal 15. Life on land
  • Goal 16. Peace, justice and strong institutions

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 (2023)
CDP Forests C- rating (2023)
CDP Water Security C rating (2023)
MSCI AA rating (2022)

Our sustainability reporting

Acquisition history

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

  • Sale of the renewable energy business in 2023
  • Sale of Russian businesses in 2022
  • 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 19.02.2024