Swedish sawmiller Rörvik recorded a SKr22m operating loss in the third quarter from sales of SKr303m.
Rörvik, whose operating loss a year ago was SKr48m, recorded a SKr107m operating profit for the first nine months of 2010.
The company, which recently concluded a lengthy period of reorganisation, said third quarter earnings were affected by the peak holiday period, higher commodity prices and planning problems which have affected both production and sales.
During the quarter it aimed to reach a production rate of 590,000m³, which equates to about 60% of group capacity.
“To achieve the industry average profitability requires a much higher capacity than the current 60% of the design capacity,” Rörvik said.
It said the lower seasonal demand in winter would increase uncertainty in the market.
