YIT narrows 2026 adjusted operating profit guidance to EUR 80-90 million
Bitget2026/10/30 06:38- YIT narrowed its 2026 adjusted operating profit guidance for continuing operations to EUR 80-90 million from EUR 70-100 million.
- Third-quarter adjusted operating profit rose 26% to EUR 30 million, supported by broad-based growth and improved operating efficiency.
- Favorable Baltic and Central Eastern European housing markets are expected to support Residential CEE profitability.
- Finnish primary apartment market sales volumes are not expected to increase; Building Construction's operating performance is forecast to improve.
- Growing data center construction is expected to support further profitability improvement from 2027 onward.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine Buys 9,587 ETH as Holdings Near 5% of Ethereum Supply
Ekopak Expands Wastewater Treatment Plant at Mark Anthony Brewing
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
Crypto prices
More
