YIT Oyj (YIT) Earnings Call Transcripts

YIT Oyj's Latest Earnings Call - June 18, 2026

In the second quarter of 2026, YIT Oyj reported steady performance in its residential CEE segment, which has become a key profit driver. However, the Finnish residential market is facing challenges, with declining prices and low purchase intentions, leading to a cautious outlook. Revenue and profit generation are expected to be skewed towards the latter half of the year due to project completion rates. Management maintained its guidance, signaling a focus on capital allocation in favorable markets while adapting to current conditions.

Reported metrics

Guidance from management

Management maintained its guidance for 2026, indicating that the majority of cost savings will materialize in 2027, with some impact expected in 2026.

What management said

Okay. I think we can start. So hi, everyone, and welcome to YIT's analyst call preceding the silent period of our half year 2026 results release. My name is Essi Nikitin, and I'm heading the Investor Relations at YIT. Together with me today, I have our Interim CFO, Markus Pietikainen; and our CEO, Heikki Vuorenmaa on the line. As usual, we will start with a recap to recent developments in the company presented by Ma...

Thank you Atte. This is Heikki here. Thank you for the question. And indeed, so we had a start in Q1. There's still some time left also before we actually completely finalizing the Q2 and then sharing the kind of full quarter starts. What I can say is what Markus was already pointing out on the market and the market overall view remains favorable. And obviously, we have a strong plot portfolio, strong project pipelin...

What analysts pressed on

Analysts expressed concerns regarding the lack of self-developed projects launched in Q2 and the overall slowdown in the Finnish residential market. There were also inquiries about the potential impact of geopolitical tensions on demand and costs.

Main topics on the call

• Residential CEE Performance — YIT's residential CEE segment showed strong growth, with approximately 2,000 apartment sales in Q1. Management noted, "the market conditions continue to be favorable, giving us more opportunities to continue to reach our...
• Challenges in Finnish Residential Market — The Finnish residential market is experiencing a slowdown, with residential prices declining and purchase intentions remaining low. Management stated, "the residential market has slowed again... estimated that residentia...
• Cost-Cutting Measures — YIT's transformation in its operating model led to a reduction of 95 positions, expected to support adjusted operating profit by EUR 7 million in 2026. Management indicated, "the majority of the cost saving activities......
• Strong Order Book in Infrastructure — The Infrastructure segment is well-positioned for growth, with a solid order book and positive performance indicators. Management highlighted, "the order book for the Infrastructure segment is strong, and the segment is ...

Read the full YIT Oyj transcript (June 18, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 49 YIT Oyj earnings call transcripts on record, spanning February 7, 2020 to July 24, 2026. Based on this history, YIT Oyj reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

YIT

Exchange

HLSE

Country

FI

Sector

Consumer Discretionary

Industry

Household Durables

Calls on record

49

First call

February 7, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly