YIT updates its result guidance for 2020: Group adjusted operating profit expected to be approximately EUR 80 million
YIT Corporation Insider information 4 January 2021 at 8:30 a.m.YIT updates its result guidance for 2020: Group adjusted operating profit expected to be approximately EUR 80 million YIT has updated the fair value of the Mall of Tripla investment following increased market yields caused by the coronavirus pandemic. This change is expected to have a negative impact of EUR 16 million in the company’s fourth quarter earnings. Consequently, YIT updates its result guidance for 2020 and expects its full-year Group adjusted operating profit to be approximately EUR 80 million (