Period-end comment from Setra Q3 2020
Wood products company Setra has reported an operating profit of SEK 56 million (95) for the first nine months of 2020. Net sales totalled SEK 3,043 million (3,262). There was an operating loss for the third quarter of SEK -3 million (-22), with net sales of SEK 840 million (879).For the first three quarters of the year, Setra has returned positive operating profits of SEK 56 million, which is down on the same period in 2019, largely on account of significantly lower sales prices. Sawmill production has been maintained without furloughing any employees. However low production volumes in July