YIT - Company Announcement

CORRECTION TO THE ENGLISH VERSION OF YIT CORPORATION’S INTERIM REPORT JAN-MAR 2012

Helsinki, 2012-04-27 07:47 CEST (GLOBE NEWSWIRE) -- YIT CORPORATION            
 STOCK EXCHANGE RELEASE                   APRIL 27, 2012 AT 8:47 A.M. 





CORRECTION TO THE ENGLISH VERSION OF YIT CORPORATION'S INTERIM REPORT JAN-MAR
2012 



YIT Corporation corrects its English version of Interim Report for
January-March 2012. The Guidance for 2012 in the Interim Report released at
8:00 a.m. is not fully equivalent with the Finnish version. 



YIT Corporation's guidance for 2012 is as follows.



GUIDANCE: The Group's revenue based on segment reporting will remain on a par
with 2011 and operating profit will increase compared to 2011. 



YIT Corporation reiterates its estimate issued in connection with the financial
statements for 2011 and according to which, in 2012, revenue will remain at the
level of 2011 and operating profit will increase compared to 2011. The profit
outlook is based on the segment-level reporting, i.e. recognition of income
based on the percentage of completion. 



With the improvement of profitability with the progress of the efficiency
improvement programme, the Building Services Northern Europe business segment
will support the growth of YIT's operating profit for 2012, especially during
the last two quarters of the year. 



The high uncertainty over the general macroeconomic development may have a
negative effect also on decision-making by YIT's customers and thereby the
development and performance of YIT's business operations. 





For additional information, please contact:



Hanna-Maria Heikkinen, Vice President, Investor Relations, YIT Corporation,
tel. +358 40 826 2172, hanna-maria.heikkinen@yit.fi 





YIT CORPORATION



Hanna-Maria Heikkinen

Vice President, Investor Relations



Distribution: NASDAQ OMX, principal media, www.yitgroup.com





YIT celebrates its 100th anniversary in 2012. The company was established in
the Grand Duchy of Finland in 1912. Today, YIT is a leading European service
company in building systems, construction services and services for industry.
Our 26,000 professionals serve customers in 14 countries in the Nordic and
Baltic countries, Russia and Central Europe. We have grown together with our
customers and developed our services in line with the changes taking place in
different societies. We intend to continue on that track. Our vision is to lead
the way in creating and maintaining good living environments. In 2011, YIT's
revenue was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ
OMX Helsinki. www.yitgroup.com

Attachments:

YIT_Corrected Interim Report Jan-Mar 2012.pdf