Bergs Timber AB

Bergs Timber AB
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Bergs - An international wood products Group The Bergs Group consists of independent subsidiaries, with clear responsibilities for results, that develop, produce and market processed wood for various applications. With years of experience in wood and a great deal of competence in processing, Bergs promotes building a sustainable society based on renewable raw materials from sustainably cultivated forests in the Baltic Sea region. Operations are conducted in Sweden, Estonia, Latvia and the UK, and the Group’s products are sold in some 20 countries. The largest markets consist of Scandinavia, the Baltic countries, the UK and France. The head office and Group management are located in Sweden. The company’s share has been listed on Nasdaq Stockholm since 1984.

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Interim report 1 January – 30 September 2020

Tue, Nov 03, 2020 13:00 CET

IMPROVED EARNINGS AND STRONG CASH FLOWDemand in the third quarter remained strong for the majority of the Group’s products. It was especially strong for products in the DIY market and in renovation. This has benefited Bergs’s specialisation in pressure-treated wood, garden products, windows, doors and timber for construction. The volumes for our core markets in the UK, US, France, Sweden and Latvia have increased. The prices for wood products have increased in pace with strong demand and limited supply. Sales prices for sawdust, pellets and wood chips fell as a result of an excess supply of

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Interim report 1 January – 30 September 2020

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