YIT Corporation in brief and construction market in Finland

Transcription

1 YIT Corporation in brief and construction market in Finland Dr. Juha Kostiainen SVP, Urban development & corporate relations 2014

2 YIT Group in brief Residential development, business premises and infrastructure Creating better Focus on own-developed projects Operations living in 7 countries environments Revenue EUR 1.9 billion in 2013 Operating profit EUR 153 million in 2013 YIT s More offering: than 6,000 employees - Construction Share quoted services on NASDAQ OMX Helsinki (Large cap, Industrials) Residential development More Business than Premises 44,000 shareholders at the end of Infra Services - Focus January on 2014 own developed projects Revenue split 2013* (EUR 1.9 billion) Finland; 66% Russia; 27% The Baltic countries and CEE; 7% Infrastructure 15% Finland Estonia Business Premises 29% Housing 56% Figures based on segment reporting (POC) *Business area split according to 2012 figures 2

3 Strong market position in all markets Market leader in Finland, biggest foreign residential developer in Russia Construction companies on YIT s markets Number of apartments sold in 2013 YIT s markets and market sizes 2013 Number of apartments Russia* LSR Group PIK Group Etalon YIT NCC Lemminkäinen Finland Finland 26,000 The Baltic countries 9,900 Russia 788,000 St. Petersburg 43,000 Moscow region 89,000 Moscow 23, YIT NCC Lemminkäinen Skanska** SRV The Baltic countries and CEE The Czech Republic 22,108*** Slovakia 14, YIT MERKO NCC 3 * Companies listed outside Russia ** Own development *** Source Czech Statistic Office, 2013

4 YIT a significant player on European level in housing Housing sales (pcs) in 2012 EBIT % in ,22 0,161 0,17 0, ,114 0,104 0,106 0, , , , Barratt Taylor W Pik Persimmon YIT Etalon Ncc LSR Skanska JM Peab 4

5 Building construction Finland Czech Republic Total 22,2 billion Total 11,4 billion new residential construction residential renovation new non-residential construction new residential construction residential renovation new non-residential construction non-residential renovation Sources: Forecon Ltd, Euroconstruct,

6 New residential construction 8 billions Sources: Forecon Ltd, Euroconstruct, 2012 Finland Czech Republic 6

7 New residential construction Volume index 1995= Sources: Forecon Ltd, Euroconstruct, 2012 Finland Czech Republic 7

8 Dwelling construction Completed dwellings Share of Flats dwellings 80% 70% 60% 50% 40% 30% 20% 10% 0% Finland Czech Republic Finland Sources: Forecon Ltd, Euroconstruct, 2012 Czech Republic 8

9 New non-residential construction 9 8 billions Sources: Forecon Ltd, Euroconstruct, 2012 Finland Czech Republic 9

10 New non-residential construction Volume index 1995= Sources: Forecon Ltd, Euroconstruct, 2012 Finland Czech Republic 10

11 Building renovation 14 billions Sources: Forecon Ltd, Euroconstruct, 2012 Finland Czech Republic 11

12 Building renovation 250 Volume index 1995 = Sources: Forecon Ltd, Euroconstruct, 2012 Finland Czech Republic 12

13 Country comparison Year 2012 Finland Czech Republic GDP per capita (PPS adjusted) The estimated ratio (%) construction per GDP Value of new residential construction millions Value of new non-residential construction millions Value of building renovation millions Number of completed dwellings Number of completed dwellings per capita Housing stock Housing stock per capita Home ownership rate Sources: Forecon Ltd, Euroconstruct, Eurostat,

14 Companies and employment Year 2012 Finland Czech Republic Total number of construction companies Number of construction companies with 50+ employees 250 (0.6% of all) 610 Companies with employees Companies with employees Companies with employees Number of employees in construction companies Number of employees in construction companies with 50+ employees Sources: Statistics Finland, Czech Statistical Office, (35% of all) ~

15 Zoning and permission in Finland Landscape plan Masterplan Townplan Zoning Prepared by regional council Approved by ministry of env. Prepared by municipality Approved by city council Prepared by municipality Approved by city council Permission Requires approved townplan and a plot Application Technical design, facades, junctions etc. Informing of neighbours Detailed content depends on municipality Granted by auhtority (municipality) Permission should be grant if design is in accordance with townplan Challenges with Facade committees (political) are usual 15

16 The most universal quality is diversity. Michel de Montaigne ( ) 16

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