Setra reported operating profits of SKr107m (2012: SKr80m loss) for the full year 2013, with sales unchanged at SKr4.06bn. Its fourth quarter figures show an operating profit of SKr47m (2012: SKr56m loss), with sales up to SKr1bn (2012: SKr951m).
The UK and Japan were Setra’s strongest growing export markets in 2013, with the Middle East and North Africa "stable" and accounting for 20% of its total sales. The company continues to target more business in South-east Asia and has had its own sales representative based in China since last December.
SCA also reported higher solid wood sales as a result of better volumes and prices.
Its forest products division, which includes solid wood, publication papers, pulp and kraftliner products, recorded a 35% boost in annual operating profits to SKr1.84bn (2012: SKr1.36bn). The operating profits for the fourth quarter were up 188% to SKr916m.
SCA’s sawmills delivered 2.2 million m3 of solid wood products last year, up 4% on 2012, while output was down 4% in the fourth quarter to 517,000m3.
