The wood industry company Setra reports an operating result of SEK-101 million ($9.2 million) for the Q4 2024. Net sales amounted to SEK 1376 million ($126 million).
The Q4 is characterized by continued increased raw material costs combined with a shortage of timber, while construction and startup in ongoing investment projects have contributed to a continued challenging situation for Setra.
"Despite increasing sales prices, the weak construction market combined with the ever-higher timber prices continues to create a strained situation for sawmills and the wood mechanical industry. Setra continues to focus on efficiency and cost control to optimize our production given the current conditions," says Marcus Westdahl, CEO of Setra Group.
Investment activities have progressed according to plan during the quarter with the first log through the new saw line in Malå and continued ramp-up of the small timber line in Skinnskatteberg.
Setra is one of Sweden’s largest wood industry companies.
