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October 28, 2020

Setra plans to ramp up production to meet strong demand in global markets

  Swedish sawmilling group Setra plans to fully ramp up production during the autumn in response to strong demand and product shortages on global markets.  The company shared its plans during its Q3 results publication, which showed that Setra has managed to return a positive operating profit of SEK56m (2019: SEK95m) for the first nine months of the year. Net sales for the period totalled SEK3.04bn (2019: SEK3.26bn).  There was an operating loss for the third quarter of SEK-3m (2019 Q3: SEK-22m), with net sales of SEK840m (2019 Q3: SEK879m).  ...

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