The Swedish wood industry company Setra reports an operating result of SEK -101 million (€8.3 million) for Q4 2024
The fourth quarter is characterized by continued increases in raw material costs combined with a shortage of logs, while construction and startup in ongoing investment projects have contributed to a continued difficult situation for Setra.
“Despite increasing sales prices, the weak construction market combined with ever-higher log prices continues to create a strained situation for sawmills and the wood mechanical industry. Setra continues to focus on efficiency and cost control to optimize production given the current conditions,” says Marcus Westdahl, CEO of Setra Group.
Investment activities have progressed according to plan during the quarter, with the first log processed through the new saw line in Malå and continued ramp-up of the small log line in Skinnskatteberg.
