Setra
Group AB:Interim Report
January-September 2005
Interim
Report January-September 2005, Compared with
second quarter of 2005
• Net sales amounted to SEK 1,210 million
(1,504).
• Operating loss amounted to SEK 15 million
(profit 2).
• Loss after financial items amounted to SEK
24 million (9).
• Cash flow from operating activities
amounted to SEK 112 million (44).
• The decline in earnings is mainly
attributable to seasonally low volumes
within the Wood Products business area.
Compared with the first nine months of 2004
• Net sales amounted to SEK 3,946 million
(3,913).
• Operating loss amounted to SEK 70 million
(16).
• Earnings in 2005 have been charged with
items affecting comparability of SEK -17
million (0).
• Loss after financial items amounted to SEK
99 million (46).
• Cash flow from operating activities
amounted to SEK -90 million (94).
• The decline in earnings is mainly due, in
addition to items affecting comparability of
SEK -17 million, to lower margins in both
business areas.
Setra Group AB (publ) is Sweden’s largest
wood products company with annual sales
totalling approximately SEK 5,300 million
and some 1,400 employees.
Setra Group sells wood-based solutions to
the building materials trade, planing mills,
distributors, industrial customers and
importers. About 40% of products are sold in
the Swedish market. Exports are primarily to
the UK, Denmark, Germany, Spain, France,
Norway, Italy and Japan. The Group has
twelve sawmills, five processing units and
eight distribution centres.
Setra Group AB has approximately 2,400
shareholders. The largest shareholders are
Sveaskog AB with 50%, Lantbrukarnas Ekonomi
AB (LRF) with approximately 25% and
Skogsägarna Mellanskog ekonomisk förening
with approximately 24%. Other shareholders
own approximately 1% of the shares.
