Sweden's major sawmill companies Södra and Setra faced a challenging third quarter as global economic uncertainties continued to weigh on demand and prices, leading to a substantial decline in sales. Södra reported a significant drop in operating profit According to the latest financial report released by Södra, the group's net sales for Q3 2023 amounted to SEK 6,545 million (approximately EUR 562.87 million), marking a 19% decrease compared to the corresponding period last year. Operating profit for the quarter plunged to SEK 410 million (approximately EUR 35.26 million) from SEK ...
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