YITNasdaq HelsinkiEngineering & ConstructionIFRS · EUR

YIT Oyj

YIT is Finland's largest and a growing European construction company with over 110 years of experience in developing cities and homes. The company specializes in creating functional housing and vibrant living environments, constructing and renovating schools, hospitals, commercial and industrial spaces such as data centers. YIT also implements infrastructure projects like railways, bridges, and tunnels. The company's vision is to be the most skilled partner in developing sustainable homes, spaces, and cities for a better life.

Revenue1,757m EUR
−3.5 %y/y
Operating profit (EBIT)45.0m EUR
+181.8 %y/y
EBIT margin2.6%
+5.6 ppy/y
Net income-24.0m EUR
+78.6 %y/y
Free cash flow10.0m EUR
−81.1 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-1,00001,0002,0003,0004,000m EUR2020: 3,069 m EUR2020: EBIT 35 m EUR20202021: 2,856 m EUR2021: EBIT 65 m EUR20212022: 2,403 m EUR2022: EBIT 102 m EUR20222023: 2,163 m EUR2023: EBIT 51 m EUR20232024: 1,820 m EUR2024: EBIT -55 m EUR20242025: 1,757 m EUR2025: EBIT 45 m EUR20251,75745
RevenueOperating profit (EBIT)

Business

Share of revenue
Residential Construction Finland35 %

Includes the development and sale of residential properties in Finland.

Residential Construction CEE20 %

Involves residential projects in Central and Eastern Europe.

Commercial and Public Buildings20 %

Construction and renovation of schools, hospitals, and commercial spaces.

Infrastructure Projects15 %

Development of railways, bridges, tunnels, and other infrastructure.

Industrial and Energy Facilities10 %

Construction of industrial and energy facilities to support client processes.

Customers

YIT serves a diverse range of customers including individual homebuyers, commercial entities, and public sector organizations. In Finland, the company focuses on residential consumers looking for new homes, while in Central and Eastern Europe, it targets both residential buyers and investors. The commercial and public sector clients include educational institutions, healthcare providers, and businesses requiring new or renovated facilities. Infrastructure projects are often commissioned by government bodies and large corporations needing specialized construction services.

Residential Buyers Finland

Homebuyers seeking new residential properties in Finland.

Residential Buyers CEE

Buyers and investors in Central and Eastern Europe seeking residential properties.

Commercial and Public Sector

Organizations needing new or renovated commercial and public buildings.

Government and Corporations

Entities commissioning infrastructure projects.

Strategy

YIT's strategic priorities focus on enhancing customer and employee experience, achieving sustainable growth, and leading the industry in productivity and financial performance. The company aims to improve productivity through data utilization and capital efficiency. YIT is committed to sustainability and quality, ensuring that its projects meet high standards. The company's strategy also involves fostering a strong corporate culture centered on customer orientation, high performance, and continuous learning.

Enhance customer and employee experienceMedium term

To improve satisfaction and retention

Achieve sustainable growthLong term

To ensure long-term business viability

Lead in productivity and financial performanceMedium term

To maintain competitive advantage

Geography

Q4/2025

YIT has a strong presence in Finland, where it is the largest construction company, and is expanding its operations across Europe. The company is active in Central and Eastern Europe, particularly in the Baltic countries and Eastern Central Europe, where demand for residential properties is strong. YIT also operates in Scandinavia, focusing on infrastructure projects. The company's geographic diversification helps mitigate risks associated with economic fluctuations in any single region.

Finland58 %
Baltics & Eastern Central Europe20 %
Eastern Central European Countries11 %
Baltic States9.0 %
Scandinavia2.2 %

Share of the revenue the company reports by geography.

Risks

YIT faces several risks, including market risks related to economic conditions and geopolitical tensions, particularly in Europe. The company is also exposed to operational risks such as project delays and cost overruns. Regulatory changes and sustainability requirements pose additional challenges. Furthermore, YIT's financial performance could be impacted by fluctuations in interest rates and exchange rates, as well as supply chain disruptions.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Economic and geopolitical tensions1Operational risks2Regulatory and sustainability requirements3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Economic and geopolitical tensionsImpact: HighLikelihood: High

    Impact on demand and financing conditions

  2. Operational risksImpact: MediumLikelihood: Medium

    Potential for project delays and cost overruns

  3. Regulatory and sustainability requirementsImpact: MediumLikelihood: Medium

    Compliance costs and competitive pressure

Accounting

Judgemental items
Revenue recognition

Affects timing and amount of recognized revenue

Impact: high

Lease accounting

Influences balance sheet and financial ratios

Impact: medium

Project cost estimates

Significant impact on profitability

Impact: high

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026