Swedish Setra maintains full sawmill production despite pandemic
Swedish sawmiller Setra says COVID-19 is continuing to cause uncertainty but it has succeeded in maintaining full sawmill production without furloughing any employees. Setra reported an operating profit of SEK59m (2019 H1: SEK117m) for the first six months of 2020. Net sales totalled SEK2.203bn (2019 H1: SEK2.383bn). Operating profits for the second quarter amounted to SEK47m (2019 Q2: SEK34m), with net sales totalling SEK1.109bn (2019 Q2: SEK1,255bn). The company said the effects of the Covid-19 virus continue to cause uncertainty. “To date, however, Setra has succeeded in maintaining ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles
In-depth analyses of market trends
Exclusive market price insights
And much more!
