YIT doubles 2025-29 revenue growth target to at least 10% CAGR on data center buildout push
Bitget2026/09/24 05:30- YIT lifted its 2025-2029 revenue growth target to at least 10% CAGR from the 2024 base, reflecting expanding Finland data-center demand.
- Strategy now centers on scaling data-center construction capacity, with growth expected to be heavily weighted to that segment in coming years.
- Construction segment revenue growth target raised to at least 6% CAGR by 2029 from the 2024 base, up from 4%.
- Infra segment revenue growth target increased to at least 15% CAGR by 2029 from the 2024 base, up from 10%.
- Group targets for adjusted operating profit margin of at least 7% and return on committed capital of at least 15% by 2029 were unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
