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YIT's Interim Report, January 1 - June 30, 2003.

Europe Intelligence Wire

| August 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hugin)

Net sales see stable growth. Order backlog is at an all-time high.

* The YIT Group's net sales in the January-June period were 11 per cent higher than in the first half of the previous year, rising to EUR 932.1 million (Jan.-June/2002: EUR 840.5 million). International activities accounted for 19 per cent of the Group's net sales (22%). The share of net sales accounted for by the maintenance and servicing business rose from 20 to 22 per cent. * Operating profit for the review period rose to EUR 57.9 million (EUR 39.2 million). The operating profit margin was 6.2 (4.7%). Operating profit includes about EUR 30 million in capital gains from the ...

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