# Consti Oyj

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/consti).

## Overview

Consti is a Finnish company specializing in renovation construction and building technology services. It operates primarily in Finland's growth centers, offering a wide range of services to housing companies, businesses, investors, and the public sector. Consti focuses on addressing the needs of aging buildings, urbanization, and climate change, providing both repair and selective new construction services. The company is structured into four business areas: housing companies, businesses, public sector, and building technology, with a strong emphasis on service contracting and maintenance.

## Products & services

• Renovation construction services
• Building technology services
• New construction services
• Service contracting
• Maintenance and upkeep services

- **Renovation Construction** (40%) — Includes repair and modification of existing structures.
- **Building Technology** (30%) — Covers installation and maintenance of technical systems.
- **New Construction** (15%) — Selective new builds in growth centers.
- **Service Contracting** (15%) — Long-term service agreements for maintenance.

- Renovation construction services
- Building technology services
- New construction services
- Service contracting
- Maintenance and upkeep services

## Customers

Consti serves a diverse range of customers including housing companies, businesses, investors, and the public sector. The demand for its services is driven by the aging building stock, urbanization, and evolving space utilization needs. Customers seek Consti's expertise to ensure compliance with new energy efficiency directives and to enhance the usability and value of their properties. The company's customer base is concentrated in Finland's urban growth centers, where both renovation and new construction activities are prevalent.

- **Housing Companies** (primary) — Renovation and maintenance to improve property value and efficiency.
- **Businesses** (secondary) — Space modifications and technical upgrades for operational needs.
- **Public Sector** (secondary) — Compliance-driven renovations and new builds.
- **Investors** (emerging) — Energy-efficient upgrades and value enhancement.

- Housing companies seeking renovation to enhance property value
- Businesses requiring space modifications for new uses
- Investors looking for energy-efficient building upgrades
- Public sector entities needing compliance with environmental standards

## Geography

Consti operates predominantly in Finland, focusing on urban growth centers where demand for both renovation and new construction is high. These areas are characterized by aging infrastructure and a need for modernization to meet new regulatory standards. The company's operations are strategically aligned with urbanization trends and the migration of populations to larger cities. Consti's projects are primarily executed through its subsidiaries, which are based in Finland.

- Operations concentrated in Finland's urban growth centers
- Focus on areas with aging infrastructure and modernization needs
- Strategic alignment with urbanization and population migration trends
- Projects executed through Finnish subsidiaries

## Strategy

Consti's strategic priorities include growth in both construction and building technology sectors, driven by the demand from aging buildings and urbanization. The company emphasizes customer-centric, efficient, and responsible execution of projects. Consti aims to leverage its expertise in renovation to reduce the carbon footprint of the built environment. The strategy also focuses on strengthening partnerships and enhancing operational efficiency to support sustainable growth.

- **Growth in Construction and Building Technology** (medium-term) — To meet demand from aging buildings and urbanization.
- **Operational Efficiency** (short-term) — To support sustainable growth and improve margins.

- Growth in construction and building technology sectors
- Customer-centric and efficient project execution
- Reducing carbon footprint through renovation expertise
- Strengthening partnerships and operational efficiency

## Risks

Consti faces several risks including geopolitical uncertainties, economic fluctuations, and regulatory changes. The construction industry is subject to cost pressures from rising labor and energy costs, as well as potential supply chain disruptions. Project-specific risks, such as selection and execution challenges, can impact profitability. Additionally, strategic risks include the ability to adapt to market changes and technological advancements in building technology.

- **Geopolitical Uncertainties** [high] — Affect market stability and demand.
- **Economic Fluctuations** [critical] — Impact demand and operational costs.
- **Regulatory Changes** [medium] — Require compliance and adaptation.

- Geopolitical uncertainties affecting market stability
- Economic fluctuations impacting demand and costs
- Regulatory changes requiring compliance adaptations
- Project selection and execution risks affecting profitability
- Supply chain disruptions leading to cost pressures

## Accounting

Consti's financial statements are prepared in accordance with IFRS, with significant attention to revenue recognition and project accounting. The timing of revenue recognition, especially in long-term projects, can significantly impact reported results. Lease accounting under IFRS 16 affects the balance sheet presentation of assets and liabilities. Management estimates and judgments play a crucial role in areas such as project cost estimates and provisions, which can influence profitability and financial position.

- **Revenue Recognition**
- **Lease Accounting (IFRS 16)**

- Revenue recognition timing impacts reported results
- Project accounting requires careful cost estimation
- IFRS 16 lease accounting affects balance sheet presentation
- Management estimates influence profitability and financial position

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*Last updated: 2026-08-11T04:04:51.699212+00:00*