The wood industry company Setra reports an operating result of SEK -75 million ($7.69 million) for the Q1 2025. Net sales amounted to SEK 1536 million ($157.5 million), compared to SEK 1158 million in Q1 2024.
The Q1 of the year is characterised by continued rising raw material prices. Finished goods prices are also increasing, but not sufficiently to compensate for the cost of raw materials. A stronger Swedish krona has meant that the sales price in foreign markets has not increased to the expected extent, despite price increases in local currency.
During the Q1, Setra decided to adjust from continuous to periodic production of CLT and component products in Långshyttan. “The decision was made to ensure the company's long-term economic sustainability, and we will begin to see the positive effect in Q4 2025,” says Marcus Westdahl, CEO and Group President of Setra Group. In 2024, Setra also initiated an internal efficiency programme focused on reducing fixed costs, and we have seen measurable effects in Q1, which will be further strengthened throughout the year.
Investment activities have progressed according to plan during the quarter, with continuous production in the new saw line in Malå and continued ramp-up of the small log line in Skinnskatteberg.
Setra is one of Sweden’s largest wood industry companies.
