YIT Oyj

Latest Results (09.11.2025):

YIT Oyj’s Q3 2025 Interim Report reveals a mixed operating performance for the third quarter, with the contracting segments driving profit despite a decline in revenue primarily due to fewer apartment completions in the residential segments. The report shows reduced revenue and adjusted operating profit compared to the previous period, while the order book remains strong and initiatives in new projects and strategic segments point to a positive longer-term outlook.

Revenue & Profit Trends

In Q3 2025, YIT Oyj reported revenue of EUR 402 million (down from EUR 453 million) and adjusted operating profit of EUR 12 million, with the profit margin declining to 2.9% from 5.6% year‑on‑year. Operating profit also decreased to EUR 9 million, reflecting the lower volume of consumer apartment completions in the residential segments.

Segment Performance

Q3 2025 performance across segments was varied: Residential Finland posted a slight decline with a negative adjusted operating profit, while Residential CEE saw growth in consumer apartment sales and starts despite a reduced adjusted operating profit. Building Construction and Infrastructure segments both recorded modest improvements in adjusted operating profit, bolstering overall Q3 performance.

Cash Flow & Financial Position

During the quarter, YIT Oyj's operating cash flow after investments dropped to EUR 0 million, and net interest‐bearing debt improved from EUR 789 million to EUR 669 million, with the gearing ratio improving from 98% to 85%. These figures underline a strengthened financial position despite lower operational profitability.

Outlook & Guidance

Based on the stable financial performance of the first nine months of 2025, YIT Oyj has narrowed the range for its full-year adjusted operating profit guidance to EUR 40–60 million, reinforcing confidence in the contracting segments and the strategic direction amid a challenging market environment.