YIT Oyj (OTCPK:YITYY)
$ 1.29 0 (0%) Market Cap: 594.88 Mil Enterprise Value: 1.51 Bil PE Ratio: 0 PB Ratio: 0.66 GF Score: 50/100

Q3 2024 YIT Oyj Earnings Call Transcript

Oct 31, 2024 / NTS GMT
Release Date Price: $1.29
Essi Nikitin
YIT Oyj - Vice President - Investor Relations

Good morning, everyone, and welcome to YIT's third quarter 2024 results webcast. My name is Essi Nikitin, and I'm heading the Investor Relations at YIT. Together with me here are our CEO, Heikki Vuorenmaa; and CFO, Tuomas Makipeska. At this point, I hand over to Heikki. Please go ahead.

Heikki Vuorenmaa
YIT Oyj - Chairman of the Group Management Team, President, Chief Executive Officer

Thank you very much, Essi, and good morning, everyone. Welcome to follow the YIT's third quarter highlights through this webcast. I will share some of the thoughts on our third quarter results, and then Tuomas will continue more details on our financial numbers and performance. The quarter progressed as planned. The profitability increased in all segments during the quarter, resulting in a positive cash flow.

As a result of market -- improved market environment, we also are pleased to upgrade our view on the Baltics residential market as the market has turned to the normal from our perspective. And during the

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