YIT Oyj Management
Management criteria checks 4/4
YIT Oyj's CEO is Heikki Vuorenmaa, appointed in Dec 2022, has a tenure of 3.5 years. total yearly compensation is €800.90K, comprised of 64% salary and 36% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth €195.95K. The average tenure of the management team and the board of directors is 2.9 years and 4 years respectively.
Key information
Heikki Vuorenmaa
Chief executive officer
€800.9k
Total compensation
| CEO salary percentage | 63.98% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.9yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Narrative Update • Jun 05
YIT: New Operating Model And Order Wins Will Shape Balanced Outlook
Analysts have kept their price target on YIT Oyj broadly stable around €2.82, citing slightly lower discount rate assumptions and a marginally reduced future P/E multiple as the main drivers behind the refined valuation inputs. What's in the News YIT is taking part in Helsinki's West Helsinki Light Rail project, with a total project value for the company of about €62 million.Narrative Update • May 13
YIT: New Operating Model And Cost Savings Will Support Upside Potential
Analysts have lowered their price target for YIT Oyj from €2.95 to approximately €2.82. This adjustment reflects revised assumptions regarding the discount rate, revenue growth, profit margins and future P/E levels.Narrative Update • Apr 27
YIT: New Operating Model And Efficiency Measures Will Support Upside Potential
Analysts have nudged their price target on YIT Oyj slightly lower to €2.95 from €2.98, reflecting updated assumptions on the discount rate, revenue growth, profit margins, and a higher future P/E multiple. What's in the News YIT and VTK Kiinteistöt Oy agreed to start construction of the Tikkurila Competence Campus educational building, a €77m project of about 25,000 gross square meters that is planned to be added to YIT's order book in Q2 2026 and completed at the end of 2028.Narrative Update • Apr 13
YIT: New Rail And Data Center Wins Will Support Balanced Outlook
Analysts have kept their €2.98 price target for YIT Oyj unchanged, citing only slight tweaks in discount rate, revenue growth, profit margin and forward P/E assumptions rather than any major shift in the underlying view. What's in the News YIT and XTX Markets agreed on the interior finishing, building services engineering and commissioning of a second data center building in Kajaani.Narrative Update • Mar 30
YIT: New Rail And Data Center Projects Will Support Upside Potential
Analysts are keeping their price target for YIT Oyj steady at €2.98, reflecting largely unchanged assumptions on the discount rate, revenue growth, profit margin and future P/E in their latest update. What's in the News YIT and XTX Markets agreed on the interior finishing, building services engineering and commissioning of a second data center in Kajaani, with completion targeted for 2027.Narrative Update • Mar 15
YIT: New Nordic Projects And Circular Economy Will Support Upside Potential
Analysts have kept their fair value estimate for YIT Oyj steady at €2.98 per share, with only very small technical tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E contributing to the rationale for maintaining an unchanged price target. What's in the News YIT began construction of Asunto Oy Tampereen Näsinsäde, a self-developed nine storey residential building in Tampere's Ranta Tampella area.Narrative Update • Mar 01
YIT: Circular Economy Projects And Stable Assumptions Will Shape A Balanced Outlook
Analysts have kept their €2.98 price target for YIT Oyj unchanged, citing stable assumptions around the discount rate, revenue growth, profit margin and future P/E as the main reasons for maintaining this target. What's in the News YIT and Helsinki City Housing Company agreed on a renovation project at Jokiniementie 5 in Verajamaki, Helsinki, covering two 1960s apartment buildings with 116 apartments and related facilities.Narrative Update • Feb 15
YIT: New Construction Projects And Slightly Tighter Assumptions Will Shape A Balanced Outlook
Analysts have lowered their fair value estimate for YIT Oyj from €3.08 to €2.98, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that collectively indicate a more cautious view of the shares. What's in the News YIT started construction on the first plot of Helsinki's Circular Economy Block in Jatkasaari, a more than 11,000 square meter complex that will include 70 right-of-occupancy apartments, 84 senior rental apartments, service spaces and business premises.Analysis Article • Feb 11
YIT Oyj (HEL:YIT) Just Released Its Annual Results And Analysts Are Updating Their Estimates
YIT Oyj ( HEL:YIT ) shareholders are probably feeling a little disappointed, since its shares fell 9.6% to €2.85 in the...Narrative Update • Feb 01
YIT: New Construction Agreements And Stable Assumptions Will Support A Balanced Outlook
Analysts have maintained their price target for YIT Oyj at €3.08, making only small adjustments to the assumptions on discount rate, revenue growth, profit margin and future P/E multiple that support this updated view. What's in the News YIT agreed with Atria Oyj to build a convenience food production plant expansion in Nurmo, Seinajoki.Narrative Update • Jan 18
YIT: Future Projects And Margin Assumptions Will Support A Fair Outlook
Analysts now set their price target for YIT Oyj at €3.08 from €3.11, linking the change to updated assumptions around revenue growth, profit margins, the discount rate, and the expected future P/E multiple. What's in the News YIT launched Asunto Oy Oulun Merijalinportti in Oulu, a self-developed residential project of 36 homes in two buildings valued at almost €15 million.Analysis Article • Nov 03
YIT Oyj (HEL:YIT) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
Investors in YIT Oyj ( HEL:YIT ) had a good week, as its shares rose 5.5% to close at €2.93 following the release of...Narrative Update • Oct 20
Residential And Infrastructure Initiatives Will Expand Future Markets
Analysts have lowered their price target for YIT Oyj from €3.30 to €3.11, citing slightly slower anticipated revenue growth and modestly reduced profit margin expectations. What's in the News YIT signed an agreement with the Czech housing cooperative Ranta Barrandov IV to build three residential buildings comprising 69 cooperative housing units in Prague.New Narrative • Aug 31
Residential And Infrastructure Initiatives Will Expand Future Markets
Key Takeaways Growth in residential projects and expansion in Central Eastern Europe position the company to capitalize on strong market demand and demographic trends. Focus on sustainability, operational efficiency, and divesting non-core assets is expected to enhance margins, recurring revenues, and long-term competitiveness.Analysis Article • Jul 31
YIT Oyj (HEL:YIT) Looks Just Right With A 30% Price Jump
YIT Oyj ( HEL:YIT ) shareholders would be excited to see that the share price has had a great month, posting a 30% gain...Analysis Article • Feb 12
YIT Oyj (HEL:YIT) Just Reported Earnings, And Analysts Cut Their Target Price
Shareholders might have noticed that YIT Oyj ( HEL:YIT ) filed its full-year result this time last week. The early...Analysis Article • Feb 08
Does YIT Oyj (HEL:YIT) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Nov 02
Investors Appear Satisfied With YIT Oyj's (HEL:YIT) Prospects
There wouldn't be many who think YIT Oyj's ( HEL:YIT ) price-to-sales (or "P/S") ratio of 0.3x is worth a mention when...Analysis Article • Oct 02
Is YIT Oyj (HEL:YIT) Weighed On By Its Debt Load?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 31
YIT Oyj's (HEL:YIT) 30% Jump Shows Its Popularity With Investors
Despite an already strong run, YIT Oyj ( HEL:YIT ) shares have been powering on, with a gain of 30% in the last thirty...Analysis Article • May 01
Is YIT Oyj (HEL:YIT) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -€62m |
| Dec 31 2025 | €801k | €512k | -€32m |
| Sep 30 2025 | n/a | n/a | -€71m |
| Jun 30 2025 | n/a | n/a | -€67m |
| Mar 31 2025 | n/a | n/a | -€110m |
| Dec 31 2024 | €854k | €502k | -€117m |
| Sep 30 2024 | n/a | n/a | -€61m |
| Jun 30 2024 | n/a | n/a | -€54m |
| Mar 31 2024 | n/a | n/a | -€4m |
| Dec 31 2023 | €582k | €481k | -€2m |
| Sep 30 2023 | n/a | n/a | €9m |
| Jun 30 2023 | n/a | n/a | €15m |
| Mar 31 2023 | n/a | n/a | €32m |
| Dec 31 2022 | €527k | €48k | €58m |
Compensation vs Market: Heikki's total compensation ($USD918.15K) is about average for companies of similar size in the Finnish market ($USD806.30K).
Compensation vs Earnings: Heikki's compensation has been consistent with company performance over the past year.
CEO
Heikki Vuorenmaa (45 yo)
3.5yrs
Tenure
€800,900
Compensation
Mr. Heikki Vuorenmaa, M.Sc. (Economics), serves as Member of Supervisory Board at Ilmarinen Mutual Pension Insurance Company. He serves as Member of the Group Management Team, Chief Executive Officer & Pre...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 3.5yrs | €800.90k | 0.032% € 195.9k | |
| EVP of Infrastructure Segment | 3.3yrs | €393.95k | 0.0054% € 32.8k | |
| Executive Officer | less than a year | €509.56k | no data | |
| Interim CFO | 2.4yrs | no data | 0.013% € 76.7k | |
| Executive VP of Urban Development & ESG and Member of Group Management Team | 9.7yrs | no data | 0.016% € 97.1k | |
| Executive VP of Business Construction Segment & Member of Group Management Team | 2.7yrs | no data | 0.0090% € 54.9k | |
| Executive VP of People & Culture and Member of Group Management Team | 2.7yrs | no data | no data | |
| Executive VP of Residential CEE Segment & Member of Group Management Team | less than a year | no data | no data | |
| Head of Corporate Finance | no data | no data | no data | |
| Vice President of Investor Relations | 3.1yrs | no data | no data | |
| Corporate General Counsel & Secretary of the Board | no data | no data | no data | |
| Senior VP of Communications | 3.8yrs | no data | no data |
2.9yrs
Average Tenure
51yo
Average Age
Experienced Management: YIT's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.3yrs | €92.70k | 0.025% € 151.9k | |
| Independent Chairman | 4.3yrs | €140.20k | 0.033% € 200.9k | |
| Independent Vice Chairman | 4.3yrs | €100.70k | 0.024% € 144.9k | |
| Director | 2.3yrs | €75.70k | 0.012% € 71.4k | |
| Director | 2.3yrs | €71.70k | 0.012% € 71.4k | |
| Independent Director | 3.7yrs | €75.70k | 0.017% € 102.2k |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Board: YIT's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/18 20:27 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
YIT Oyj is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Moore | Berenberg |
| Mark Hake | BofA Global Research |
| Kristofer Liljeberg-Svensson | Carnegie Investment Bank AB |