Period-end comment from Setra Q4 2021
Wood products company Setra is reporting operating profit of SEK 1,588 million (117) for 2021. Net sales totalled SEK 5,841 million (4,131). The company generated operating profit of SEK 369 million (61) for the fourth quarter, with net sales of SEK 1,563 million (1,088).“At the start of Q4, the wood products market was very hesitant and prices saw a significant downturn. However, they stabilised at a relatively high level and contract activity finished strongly ahead of Q1 2022,” says Katarina Levin, Setra’s CEO. 7 December saw the official opening of Pyrocell’s factory adjacent to