Period-end comment from Setra for Q3 2023
Wood products company Setra has reported an operating profit of SEK 8 million (231) for the third quarter of 2023. Net sales totalled SEK 1,207 million (1,343).“The wood products market continued to be challenging in the third quarter. The main negative impact on earnings continues to be the combination of historically high raw material prices and falling sales prices. Demand developed favourably in the US and Asia during the quarter, while underlying demand in Scandinavia and Europe remains weak,” says Marcus Westdahl, Setra’s CEO. Linköping is gaining another sustainable building in