Setra reports growth in profit for 2018
Wood products company Setra is reporting an operating profit of SEK 310 million (159) for 2018. This figure includes non-recurring items of SEK -45 million (-20). Net sales totalled SEK 4,480 million (4,139).“We’re reporting an operating profit, adjusted for non-recurring items, of SEK 355 million for 2018, which is an improvement of SEK 176 million on the previous year. The favourable market conditions of 2017 continued in 2018, despite a decline in consumption during the final months of the year, primarily in China and on the North African markets. We envisage continued good demand among