Setra reports increased earnings and invests in the future
Wood products company Setra is reporting an operating profit of SEK 159 million (153) for 2017. This figure includes non-recurring items of SEK -20 million (38). Net sales totalled SEK 4,139 million (4,043).“We’re reporting an operating profit, adjusted for non-recurring items, of SEK 179 million for 2017, which is an improvement of SEK 64 million on the previous year. Due to good market conditions, we have been able to increase both selling prices and sales and production volumes for comparable units. Going forward we see continued good demand from our customers and a positive development