YIT’s Annual Report for 2017 published

YIT Corporation Stock exchange release February 22, 2018 at 08:00 a.m.

YIT’s Annual Report 2017, the Corporate Governance Statement and the Remuneration Statement have been published on the company’s website.

The Annual Report consists of the annual review, the report of the Board of Directors and the Financial Statements for 2017. The Annual Report has been published at the address www.yitgroup.com/annualreport and is appended to this stock exchange release. The Annual Report is available in Finnish and English.

In addition, YIT’s Corporate Governance Statement and the Remuneration Statement for 2017 have been appended to this stock exchange release and published on the company’s website at the address www.yitgroup.com/corporategovernance.

This year, the theme of YIT’s Annual Report is A living city is built together. In recent years, and during 2017 in particular, YIT has strengthened its competitiveness through partnerships and learned a lot about partnerships. The work will also continue in the coming years.

The new YIT saw daylight on February 1, 2018 with the merger of YIT and Lemminkäinen, so the Annual Report will be the last of the old YIT. The merger is a strategically important step for YIT on its path to becoming one of the leading urban developers in the Northern European construction market.

YIT’s vision is to create more life in sustainable cities. Through Annual Report´s theme, we want to underline how fluent cooperation between different operators is the key to visionary urban development, a happy working community and thereby to successful projects and growth. Our customers will also benefit from our desire to develop industry-wide practices, our competitiveness, our products and our services.

YIT’s Annual Report is prepared under the integrated reporting framework. The Annual Report aims to describe how YIT creates added value for its customers, shareholders, partners, personnel and other stakeholders. The Annual Report also includes a review of YIT’s sustainability and the GRI Index applicable to YIT. In addition, the Board of Directors’ review contains YIT’s statement of non-financial information.

YIT’s Annual Report is only published in electronic format, as a PDF file. In addition, the online publication helps us achieve our goals related to sustainable development and environmental responsibility.

For further information, please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, tel. +358 (0)40 566 6070, hanna.jaakkola@yit.fi

Hanna Malmivaara, Vice President, Communications, YIT Corporation, tel. +358 (0)40 561 6568, hanna.malmivaara@yit.fi


Hanna Jaakkola 

Vice President, Investor Relations 

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com  

YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving.  Together with our customers our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our combined annual revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com