Period-end comment from Setra for Q1 2022
Wood products company Setra has reported an operating profit of SEK 480 million (177) for the first quarter of 2022. Net sales totalled SEK 1,834 million (1,184).Setra is reporting a boost in earnings of SEK 303 million in Q1 2022 compared with the same period last year. This increase was largely due to high selling prices as a result of strong market development. “The healthy demand and robust price levels we have seen in the first quarter look like they’re continuing in Q2. Our employees deserve huge praise for the level of responsibility they demonstrate every day. The challenges of