Setra: Saturated global softwood lumber market; cautious Europe, weak UK and underperforming China demand
Setra Group AB is currently in a particularly interesting phase. Earlier this year, Sveaskog sold its 50% ownership stake to Mellanskog, making Mellanskog the 99.5% owner of the company. At the same time, a new small-diameter sawlog line has been inaugurated in Skinnskatteberg, and the pine sawmill in Malå is up for sale. With a large share of its operations in sawn timber, Setra is one of Sweden’s major exporters. In an interview in the Swedish media, Johanna Lindén, CFO of Setra Group AB, shares how a player like Setra is affected by — and operates ...
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