YIT to sell its paving and mineral aggregates businesses in Estonia
YIT and KMG Inseneriehituse AS have signed an agreement for the sale of YIT’s paving and mineral aggregates businesses in Estonia. The transaction is expected to be completed in the second quarter 2021, and YIT expects to record a positive cash flow effect of approximately EUR 8 million from the sale in its second quarter results. The sale won’t have material impact on YIT’s operating profit. From the first quarter 2021 onwards, operating profit from the businesses to be sold, as well as the result impact from the sale, will be recorded in adjusting items and will not be presented in