YIT Oyj Q2 2022 Earnings Call Transcript - Thomson StreetEvents

YIT Oyj Q2 2022 Earnings Call Transcript

YIT Oyj Q2 2022 Earnings Call Transcript - Thomson StreetEvents
YIT Oyj Q2 2022 Earnings Call Transcript
Published Jul 28, 2022
Published Jul 28, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of YIT.HE earnings conference call or presentation 28-Jul-22 7:00am GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Yit Oyj
Ticker
YIT.HE
Time
7:00am GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Svante Krokfors - Nordea Markets, Research Division - Analyst : Regarding your cost savings of EUR 14 million, sounds good. I was a bit disconnect there. So could you perhaps repeat where those cost savings mainly come from and what's the focus area there?

Question: Svante Krokfors - Nordea Markets, Research Division - Analyst : Okay. And then can you give some guidance about the EBIT impact from the sale of the 2 self-developed projects in Business Premises?

Question: Svante Krokfors - Nordea Markets, Research Division - Analyst : Okay. And how do you reason about start-ups in the current environment especially in Finland, given the development? How do you reason around that?

Question: Svante Krokfors - Nordea Markets, Research Division - Analyst : And your apartments under construction for investor has remained quite stable. Do you have any comments on the demand outlook there? Is it only funds that have raised money and need to deploy that money or do you see also other parties being interested?

Question: Svante Krokfors - Nordea Markets, Research Division - Analyst : And that probably goes for commercial buildings also. How -- you said that 70% is now from the public sector within Business Premises. What does the competition look like in that segment now? Has there been any changes?

Question: Olli Koponen - Inderes Oyj, Research Division - Analyst : Most of my questions have already been answered, but I would just like to know, do you kind of expect other -- these kind of self-developed Business Premises projects to be sold during this year or was this it?

Question: Olli Koponen - Inderes Oyj, Research Division - Analyst : Okay. And then on the interest profitability, do you kind of see the same kind of cost inflation challenges there as you see in Business Premises in next Q? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JULY 28, 2022 / 7:00AM, YIT.HE - Q2 2022 YIT Oyj Earnings Call

Question: Mika Karppinen - Danske Bank A/S, Research Division - Analyst : So concerning to some of the Housing operations in Q2, you signed a bigger 300 rental apartment deal with the OP-Rental Yield fund. Are you looking for signing similar deals more going forward?

Question: Mika Karppinen - Danske Bank A/S, Research Division - Analyst : And the concern is a house is still -- so have you noticed any potential decrease in sold apartments?

Question: Mika Karppinen - Danske Bank A/S, Research Division - Analyst : Okay. And then the final one, what about the reservation rates in the new Baltics mix you were starting and you have raised the bar before starting the projects, and then how those rates have been up?

Table Of Contents

YIT Oyj Q4 2022 Earnings Call Extra Session Transcript – 2023-02-13 – US$ 54.00 – Edited Transcript of YIT.HE earnings conference call or presentation 13-Feb-23 10:59am GMT

YIT Oyj Q4 2022 Earnings Call Transcript – 2023-02-10 – US$ 54.00 – Edited Transcript of YIT.HE earnings conference call or presentation 10-Feb-23 8:00am GMT

YIT Oyj Q4 Silent Call Transcript – 2022-12-20 – US$ 54.00 – Edited Transcript of YIT.HE conference call or presentation 20-Dec-22 10:59am GMT

YIT Oyj Q3 2022 Earnings Call Transcript – 2022-10-27 – US$ 54.00 – Edited Transcript of YIT.HE earnings conference call or presentation 27-Oct-22 7:00am GMT

YIT Oyj Q3 2022 Silent Call Transcript – 2022-09-30 – US$ 54.00 – Edited Transcript of YIT.HE conference call or presentation 30-Sep-22 10:59am GMT

YIT Oyj Q2 2022 Pre-Silent Call Transcript – 2022-06-22 – US$ 54.00 – Edited Transcript of YIT.HE conference call or presentation 22-Jun-22 10:59am GMT

YIT Oyj Q1 2022 Earnings Call Transcript – 2022-04-29 – US$ 54.00 – Edited Transcript of YIT.HE earnings conference call or presentation 29-Apr-22 7:00am GMT

YIT Oyj Silent Call Transcript – 2022-03-30 – US$ 54.00 – Edited Transcript of YIT.HE conference call or presentation 30-Mar-22 10:59am GMT

YIT Oyj Q4 2021 Earnings Call Transcript – 2022-02-04 – US$ 54.00 – Edited Transcript of YIT.HE earnings conference call or presentation 4-Feb-22 8:00am GMT

YIT Oyj Silent Call Transcript – 2021-12-21 – US$ 54.00 – Edited Transcript of YIT.HE corporate analyst meeting</ 21-Dec-21 10:59am GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "YIT Oyj Q2 2022 Earnings Call Transcript" Jul 28, 2022. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-YIT-Oyj-Earnings-Call-T15266779>
  
APA:
Thomson StreetEvents. (2022). YIT Oyj Q2 2022 Earnings Call Transcript Jul 28, 2022. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-YIT-Oyj-Earnings-Call-T15266779>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.