Essi Nikitin
Vice President of Investor Relations

Hi, everyone. Welcome to YIT's First Quarter of 2026 Results Webcast. My name is Essi Nikitin, and I'm heading the Investor Relations at YIT. The results will be presented to you by our CEO, Heikki Vuorenmaa; and Interim CFO, Markus Pietikainen.

Without further ado, I will hand over to Heikki to go through the latest developments in the company. Please go ahead, Heikki.

Heikki Vuorenmaa
CEO, President, Interim EVP of Residential Finland Segment & Member of Group Man. Team

Yes. Thank you very much, Essi, and welcome to our quarterly webcast, also from my behalf. The year started well according to our expectations, and we have many positive news today from the first quarter across the businesses and operating countries to share with you. Despite the ongoing global uncertainty, we continue to take those actions that is ensuring to reach our targeted profitability for the full year. But let's start and get to the main highlights.

We are very happy to share that our Residential CEE segment continues to perform well with a steady growth in both profit and revenue. The year began with the healthy margins, showing the quality of the new projects we launched in 2025. The market remains favorable, giving us more opportunities to continue to reach our strategic targets. Both of our contracting segments started the year with a positive trend with a higher revenue and bigger