YIT Corporation Inside information September 24, 2026, at 08:30 a.m.
Inside information: YIT doubles its Group revenue growth target for the strategy period driven by the expanding data center market in Finland
The data center market in Finland is experiencing strong growth, as Finland is emerging as one of the most attractive locations for data center investments in Europe. YIT has systematically invested in its capabilities in this growing sector, built extensive expertise and references in delivering demanding data center projects, and established a position as Finland's leading data center builder. The announced and potential data center pipeline represents a significant growth opportunity for YIT during the 2025-2029 strategy period.
As a result, YIT increases its Group financial target for revenue growth to be reached by the end of 2029 to at least 10%, with the compound annual growth rate (CAGR) based on year 2024. Previously, the corresponding target was a CAGR of at least 5%. The other Group financial targets of adjusted operating profit margin of at least 7% and return on capital employed of at least 15% by the end of 2029 remain unchanged.
In conjunction, YIT also increases the segment specific revenue growth targets for the Building Construction and Infrastructure segments for the strategy period. The new target for the Building Construction segment is to achieve annual growth of at least 6% and for the Infrastructure segment to achieve annual growth of at least 15% by 2029, with the compound annual growth rate (CAGR) based on year 2024. Previously, the Building Construction segment's corresponding target was a CAGR of at least 4% and Infrastructure segment's target a CAGR of at least 10%.
"YIT is well positioned to capitalize on this opportunity. We have demonstrated our ability to deliver some of Finland's most demanding projects, and we continue to expand our capacity as the demand grows. Our growth profile is expected to be dominated by data center construction in the coming years", says President and CEO Heikki Vuorenmaa.
Capital markets update regarding the data center market today
YIT hosts a Capital markets update event regarding the data center market today at 9:30 a.m. - 11:00 a.m. Finnish time. At the event, the company will discuss the market outlook and key growth drivers, dive deeper into data center construction projects, and elaborate how YIT is positioned to benefit from the continued expansion of the data center market. The event will include presentations by Heikki Vuorenmaa, President and CEO, Erkka Repo, CFO, and Aleksi Laine, EVP, Infrastructure segment. The language of the event and materials is English.
The event can be followed via live webcast at https://yit.events.inderes.com/2026-cmu. A recording of the event will be available at the same address shortly after the event. Questions can be asked via teleconference by registering at https://events.inderes.com/yit/2026-cmu-webcast/dial-in. After registration, participants will be provided with phone numbers and a conference ID to access the conference. To ask a question, please dial *5 on your telephone keypad to enter the queue. The presentation material will be available on YIT's website at www.yitgroup.com/en/investors/reports-and-releases at the beginning of the event.
For further information:
Essi Nikitin, Vice President, Investor Relations, YIT Corporation, tel. +358 50 581 1455, essi.nikitin@yit.fi
YIT Corporation
Erkka Repo
CFO
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT creates thriving living environments in Europe. We build homes for a good life, spaces where people and businesses can thrive, and infrastructure that supports the essential functions of society. We operate in seven countries and employ approximately 4,100 professionals. In 2025, our revenue was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
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