Period-end comment from Setra for Q3 2022
Wood products company Setra has reported an operating profit of SEK 231 million (600) for the third quarter of 2022. Net sales totalled SEK 1,343 million (1,565).“As expected, the wood products market has weakened worldwide in Q3. Delivery volumes and prices have been squeezed while costs of raw material and inputs have increased. But although uncertainty remains regarding economic developments, we are seeing growing activity in our deliveries in the latter part of Q3,” says Setra CEO Katarina Levin. Wood is continuing to rapidly take market share from other construction materials in