Swedish Setra reports booming sales and profits for Q4/FY 2021
The Swedish wood products company Setra reported an operating profit of SEK 1.6 billion (€154 million) for 2021 - after SEK 117 million (€11.3 million) last year. Net sales amounted to SEK 5.8 billion (€559 million, previous year: SEK 4.1 billion or €395 million). The fourth quarter alone drove an operating profit of SEK 369 million (€35.6 million, previous year: SEK 61 million or €5.9 million) and net sales of SEK 1.6 billion (€154 million €, previous year: SEK 1.1 billion or €106 million) contributed to this. “At the beginning ...
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