Setra’s interim report for January-March 2015
Wood products company Setra reports an operating profit of SEK 24 million (67) for the first quarter of 2015. Net sales for the quarter totalled SEK 1,041 million (1,065).“The uncertain market situation in autumn last year continued during the first quarter. Increased production of wood products has led to a build-up of stocks at producers. This has resulted in a price fall for our products which was compensated to some extent by the weaker Swedish krona,” says Hannele Arvonen, President and CEO of Setra.
“We continue to focus on the things that we can influence and can confirm that our
