Setra’s Q1 net sales up 33%

The Swedish wood industry company Setra reports an operating result of SEK -75 million (€6.5 million) for Q1 2025. Net sales amounted to SEK 1,536 million (€133.6 million), compared to SEK 1,158 million (€100.6 million) in Q1 2024. The first quarter of the year was characterised by continued rising raw material prices. Finished goods prices also increased, but not sufficiently to offset the higher cost of raw materials. A stronger Swedish krona meant that sales prices in foreign markets did not increase to the expected extent, despite price hikes in local currencies. During ...