Slide 1: Q2/2026 Half-Year Report January – June 2026
Q2/2026 Half-Year Report January – June 2026 Heikki Vuorenmaa, President and CEO Markus Pietikäinen, interim CFO
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been provided by YIT Corporation (the “Company”). By attending the meeting or event where this presentation is made, or by reading the presentation slides, you agree to be bound b
Slide 3: Q2/2026 in brief
—— — Q2/2026 in brief
Slide 4: Revenue and profitability improved in Q2
Revenue and profitability improved in Q2 Residential CEE revenue Infrastructure revenue increased EUR 15 million of the increased by over 30%, Ongoing actions to Cash flow improvements by over 20%, new data center targeted EUR 18 million apartment sales continued improve orders capital market and fa
Slide 5: Financial performance in Q2/2026
Financial performance in Q2/2026 YIT Group, EUR million • Residential Finland impacted by lower investor Adj. operating profit Revenue Adj. OP, % demand • Strong quarter from Residential CEE with increased 19 (14) 472 (456) 3.9 (3.1) • • revenue and good profitability Building Construction profitabi
Slide 6: Residential Finland: Consumer sales the main driver for the segment
Residential Finland: Consumer sales the main driver for the segment Revenue, Target: Adjusted operating profit, Operative capital employed, EUR million Increase market share EUR million EUR million Margin target ROCE >10% target >20% Revenue has been impacted by a Low volumes have impacted Includes
Slide 7: Consumer apartment starts and sales in Residential Finland
Consumer apartment starts and sales in Residential Finland Consumer apartments in Residential Finland, Consumer apartments in Residential Finland, quarterly, units rolling 12 months, units 1,000 224 800 152 600 133 131 119 97 90 400 64 51 200 0 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2/25 Q3/25 Q4/25 Q1/26 Q2
Slide 8: Apartment production in Residential Finland
Apartment production in Residential Finland Apartments under construction in Residential Finland, units 1,400 100% • Total number of apartments under 1,200 80% construction remained stable at 602 (at 978 1,000 876 the end of Q1/26: 602). 809 820 837 729 60% • Sales rate of apartments under 800 661 6
Slide 9: Residential CEE: Growth continues with solid profitability
Residential CEE: Growth continues with solid profitability Revenue, Target: >15% growth Adjusted operating profit, Operative capital employed, EUR million (CAGR from 2024 baseline) EUR million EUR million ROCE target >25% Margin target >15% Revenue increased by over 30% from Profitability was 16.5%
Slide 10: Apartment starts and sales in Residential CEE
Apartment starts and sales in Residential CEE Apartments in Residential CEE, Apartments in Residential CEE, quarterly, units rolling 12 months, units 3,000 862 783 2,500 2,000 575 511 472 1,500 429 389 390 355 1,000 290 500 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 2024 2025 2026 St
Slide 11: Apartment production in Residential CEE
Apartment production in Residential CEE Apartments under construction in Residential CEE, units 4,000 3,720 100% • Total number of apartments under construction at the end of Q2/26 was 3,258 3,720 (at the end of Q1/26: 3,039), 3,024 3,057 3,039 80% 3,000 highest production volume since Q4/22. 2,147
Slide 12: Building Construction: Profitability continued to improve
Building Construction: Profitability continued to improve Revenue, Target: >4% growth Adjusted operating profit, Operative capital employed, EUR million (CAGR from 2024 baseline) EUR million EUR million Margin Target: target Negative >6% Revenue has remained stable. Profitability has improved and wa
Slide 13: Building Construction order book over EUR 1 billion
Building Construction order book over EUR 1 billion Building Construction order book, EUR million, IFRS • Order book corresponds to approximately 19 months of work. • Main orders announced during Q2/2026: • A contract with VTK Kiinteistöt Oy for the implementation phase of the educational building o
Slide 14: Infrastructure: Sixth consecutive quarter of growth
Infrastructure: Sixth consecutive quarter of growth Revenue, Target: >10% growth Adjusted operating profit, Operative capital employed, EUR million (CAGR from 2024 baseline) EUR million EUR million Target: Margin Negative target >6% Revenue increased by 21%, marking a Profitability has remained stab
Slide 15: Infrastructure order book remains strong
Infrastructure order book remains strong Infrastructure order book, EUR million, IFRS • Strong order book with close to 20% growth from the end of Q2/2025, corresponding to approximately 20 months of work. • Main orders announced during Q2/2026: • Participation in the implementation of the Infrastru
Slide 16: Market environment in Q2/2026
Market environment in Q2/2026 The residential market in Building Residential construction Infrastructure Central Eastern Europe, market market market remains solid; Finland In Finland, the primary Baltic countries Central Eastern Europe apartment market sales volumes are not expected to Q2 market en
Slide 17: Financial development
Financial development 17
Slide 18: Financial development in Q2/2026
Financial development in Q2/2026 Operating cash flow Gearing* at after investments* was 91% EUR -12 million (Q2/25: 84%) (Q2/25: -27) (Q1/26: 83%) Net debt* at ROCE, rolling 12 months at EUR 618 million (Q2/25: 670) 6.1% (Q1/26: 588) (Q2/25: 5.4%) (Q1/26: 5.6%) 18 *IFRS
Slide 19: Return on capital employed improved
Return on capital employed improved Operative capital employed, ROCE %, YIT Group, EUR million YIT Group, rolling 12 months Target >15% EUR million Residential Finland Residential CEE Building Construction Infrastructure ’Other’ segment operative capital employed EUR 221 million in Q2/26 (in Q1/26:
Slide 20: Rolling 12 months operating cash flow after investments over EUR 100 million positive
Rolling 12 months operating cash flow after investments over EUR 100 million positive Operating cash flow after investments, EUR million, IFRS • Operating cash flow after investments was EUR -12 million (-27) in Q2. • 12 months rolling operating cash flow after investments EUR 118 million positive a
Slide 21: Net interest-bearing debt decreased from the comparison period
Net interest-bearing debt decreased from the comparison period Net interest-bearing debt, EUR million, IFRS • Net debt decreased to EUR 618 million (670). • Gearing increased to 91% (84%), impacted by a decrease in equity which amounted to EUR 676 million (794) at the end of Q2. • Adjusted net debt
Slide 22: Maturity structure of interest-bearing debt extended significantly
Maturity structure of interest-bearing debt extended significantly Assets and net debt breakdown, EUR million, at the end of Q2/26, IFRS Enables the construction of ~15,000 apts. in Tripla valued Finland and ~15,000 apts. in CEE at 113 million Main assets 1,548 Maturity structure of Owned plots Leas
Slide 23: Outlook: adjusted operating profit EUR 70–100 million in 2026
• The residential market in the Baltic countries and Central Eastern Europe is expected to continue favorable, contributing positively to YIT expects its Group Residential CEE segment's capability to generate profit. • In Finland, the primary apartment market sales volumes are not adjusted operating
Slide 24: Strategy progress update
Strategy progress update 24
Slide 25: Progress towards the strategic targets
Progress towards the strategic targets Revenue, Adjusted operating profit margin %, ROCE %, EUR million rolling 12 months rolling 12 months Group revenue has been supported by Growing operations in Residential CEE will Operative capital employed decreased growth in Residential CEE and drive future p
Slide 26: Strategy execution highlight from Q2/2026
Strategy execution highlight from Q2/2026 Strategic priorities The data center market is entering its growth phase Deliver industry-leading • The data center industry is growing at an exceptionally fast pace and is productivity and financial one of the largest private sector investment targets in Fi
Slide 27: Additional information
Additional information YIT Investor Relations investorrelations@yit.fi Essi Nikitin Arttu Hakala-Ranta VP, Investor Relations Investor Relations Manager +358 50 581 1455 +358 40 076 1775 essi.nikitin@yit.fi arttu.hakala-ranta@yit.fi YIT’s Interim Report January-September 2026 will be published on Fr
Slide 28: Appendices
Appendices I. Key figures, segment reporting II. Key figures, IFRS III. Apartment sales 28
Slide 29: I. Key figures, segment reporting
I. Key figures, segment reporting EUR million 4–6/26 4–6/25 1–6/26 1–6/25 1–12/25 Revenue 472 456 871 847 1,803 Adjusted operating profit 19 14 30 28 58 Adjusted operating profit margin, % 3.9 3.1 3.5 3.3 3.2 Operating profit 13 13 -5 25 54 Result for the period -12 -3 -46 -7 -17 Earnings per share,
Slide 30: II. Key figures, IFRS
II. Key figures, IFRS EUR million 4–6/26 4–6/25 1–6/26 1–6/25 1–12/25 Revenue 427 412 800 798 1,757 Operating profit 1 7 -24 13 45 Result for the period -22 -8 -61 -18 -24 Earnings per share, EUR -0.10 -0.05 -0.28 -0.09 -0.14 Operating cash flow after investments -12 -27 8 -37 73 Net interest-bearin
Slide 31: III. Apartment sales
III. Apartment sales Sold apartment units, Residential Finland Sold apartment units, Residential CEE 580 575 555 440 449 511 472 335 275 424 429 389 324 321 347 206 256 195 282 235 238 276 245 134 217 100 105 154 152 131 174 108 97 154 152 90 122 135 126 133 131 105 118 108 97 90 Q2/23* Q3/23 Q4/23
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