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: Anssi Raussi - SEB - Analyst
: Thank you and thank you for the presentation, and hi, all. I have a few questions and if you may I start with the cash flow. So as you mentioned
Toumas, this is related to working capital items and I think especially working progress items and the plots. So should we assume that now you
have started a lot of investor apartments? So we maybe shouldn't expect that much of a cash flows during 2025 from these projects or how should
we think about this? And also maybe in a broader picture cash flow expectations for 2025 if you could talk about those. Thanks.
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FEBRUARY 07, 2025 / 8:00AM, YIT.HE - Q4 2024 YIT Oyj Earnings Call
Question: Anssi Raussi - SEB - Analyst
: Great. Thank you. And then maybe about again 2025 and your expected adjustment items. So, for example, Swedish Infra business and these kind
of items, maybe additional cost savings. So what kind of adjustment items we should expect in 2025? So you can give any ballpark here.
Question: Anssi Raussi - SEB - Analyst
: Great. Thank you. That's all from me.
Question: Svante Krokfors - Nordea - Analyst
: Good morning. Thank you. Thank you for the presentation. A couple of questions. Given your relatively high sales consumer apartment sales in
Finland, could you elaborate a bit on what kind of pricing you have used their rebates or campaigns. And a follow up on that also of the 174 so
departments in Finland are all to consumers or are there any sales to JVs or other bundled deals?
Question: Svante Krokfors - Nordea - Analyst
: Thank you. So it's basically discussions apartment by apartment.
Question: Svante Krokfors - Nordea - Analyst
: Thank you. And then thinking about the capacity to start new consumer apartments in self developed in Finland. Are there any external bottlenecks?
Like what kind of housing company loan availability do you have and so on?
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FEBRUARY 07, 2025 / 8:00AM, YIT.HE - Q4 2024 YIT Oyj Earnings Call
Question: Svante Krokfors - Nordea - Analyst
: Thank you. That's helpful. And then the last question. Could you elaborate a bit on the demand for investor apartments? How that has developed
recently?
Question: Svante Krokfors - Nordea - Analyst
: Thank you. That is all from me.
Question: Emil Immonen - Carnegie - Analyst
: Hi, Heikki, Tuomas. Thanks for taking my questions. Could you help us understand a little bit in detail what's the difference difference between the
adjusted EBIT on a group level and the segment wise adjusted EBIT?
Question: Emil Immonen - Carnegie - Analyst
: Okay. So it's not sales to the other segments?
Question: Emil Immonen - Carnegie - Analyst
: Okay. Then on the consumer sales, I was wondering, have you seen any impact or something slowing down in the market? The sales overall, for
example, banks being slow with granting loans to consumers.
Question: Emil Immonen - Carnegie - Analyst
: Okay. Thank you. Then maybe one question on business premises. What exactly, why did the profitability decrease there? I saw that the value of
three plot increased a little bit. So what are the balance sheets related items?
Question: Emil Immonen - Carnegie - Analyst
: But if I understand correctly, is it so that excluding the more Tripla when you get the capital employed down in the segment and the operational
performance also improves or it's more visible.
Question: Emil Immonen - Carnegie - Analyst
: Okay, excellent. That's all for me. Thank you.
Question: Anssi Raussi - SEB - Analyst
: One more from me. So how big share of your portfolio of unsold completed apartments has been in the market for over one year? And maybe do
you have to take some, let's say additional actions to offload these apartments? And do you think that this will have a significant impact on your
EBIT this year, 2025? Thanks.
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FEBRUARY 07, 2025 / 8:00AM, YIT.HE - Q4 2024 YIT Oyj Earnings Call
Question: Anssi Raussi - SEB - Analyst
: Yeah, basically. Yeah, I was asking that is it becoming a problem, but it's good to hear that.
Question: Anssi Raussi - SEB - Analyst
: Thanks.
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