Year-end report 1 January – 31 December 2020
Bergs reports strong earnings for the fourth quarter Deliveries and order intake remained strong for the most of the Group’s products. Activity in the DIY sector and the RCE sector were high for the season. Continued low interest rates, and financial stimulus packages, contributed to positive market performance. Demand for sawn and planed wood products was unexpectedly strong in the second half of 2020, and the rate of production did not keep pace. This resulted in low inventories and price increases. Deliveries of impregnated wood and garden products were good for the season.