Period-end comment from Setra Q3 2021
Wood products company Setra has reported an operating profit of SEK 600 million (-3) for the third quarter of 2021. Net sales totalled SEK 1,565 million (840).“In Q3 we see wood product prices reaching a peak at a level that has produced historically high profitability. At the same time, consumption has continued at a good level,” says Setra CEO Katarina Levin. Setra is reporting a significant earnings improvement of SEK 1,163 million January to September in 2021, compared with the previous year. In early September, Pyrocell started production in Gävle; Sweden’s first pyrolisis oil