YIT Oyj (YITYY) Discusses Growth Strategy and Market Developments in Residential Construction Transcript

Essi Nikitin
Vice President of Investor Relations

Okay. I think we can start. So hi, everyone, and welcome to YIT’s analyst call preceding the silent period of our financial statements 2025 bulletin.

My name is Essi Nikitin, and I’m heading the Investor Relations at YIT. Together with me today here, I have our Interim CFO, Markus Pietikainen; and our CEO, Heikki Vuorenmaa, on the line. We will start with a recap, the recent developments in the company presented by Markus. And after that, the participants will have an opportunity to ask questions from Markus and Heikki. As a reminder, this call will be recorded, and the recording will be published on our website after the call.

At this point, I will hand over to Markus. Please go ahead.

Markus Pietikainen
Interim CFO, Member of Group Management Team and SVP, Treasury and M&A

Thank you, Essi. Good morning, everyone. So let’s start with an update on our business and markets, and let’s start with the Residential CEE business. The strategic decision to increase resilience, diversify our geographical exposure and strengthening our residential platform in the Baltic and CEE has yielded clear benefits and is a key driver of our growth.

These regions have become the main market for our residential development and construction. We expect this to strengthen even