YIT’s Q3 results overall corresponded to expectations but was positive in terms of profitability of the contracting segments.
YIT's net sales in Q3 amounted to EUR 402m (Evli/cons.
YIT reports its Q3 results on October 30th. The quarter is expected to be quite slow, with housing unit completions centered to Q4.
We initiate coverage of YIT with a REDUCE-rating and TP of EUR 3.
