Setra reports growth in profit for first half of year
Wood products company Setra has reported an operating profit of SEK 233 million (90) for the first half of 2018. Net sales totalled SEK 2,359 million (2,082). Operating profit for the second quarter amounted to SEK 141 million (57), with net sales of SEK 1,229 million (1,075).“We’re reporting an operating profit of SEK 233 million for the first half of 2018, which is an improvement of SEK 143 million on the previous year. The continued positive development of the wood products market has enabled us to increase sales prices as well as sales and production volumes. We envisage a continued