Press Releases

Sveaskog Sells its Shareholding in Setra Group to Mellanskog

Setra's owners, Sveaskog AB and Mellanskog, today announce a letter of intent regarding the sale of Sveaskog's stake in Setra Group AB to Mellansko...

End of period commentary from Setra for Q3 2024

The wood industry company Setra reports an operating result of -50 (8) million SEK for the third quarter of 2024. Net sales amounted to 1,278 (1,20...

Setra appoints new CFO

Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry an...

End of period commentary from Setra for Q2 2024

The wood industry company Setra reports an operating profit of SEK 31 million (10) for the second quarter of 2024. Net sales amounted to SEK 1,370...

Period-end comment from Setra for Q1 2024

Wood products company Setra has reported an operating loss of SEK -95 million (-64) for the first quarter of 2024. Net sales totalled SEK 1,158...

Setra opens office in Umeå

Many of Sweden’s construction projects are currently concentrated in the growth region along the country’s northern coast. Setra has therefore open...

Period-end comment from Setra for Q4 2023

Wood products company Setra has reported an operating loss of SEK -191 million (-69) for the fourth quarter of 2023. Net sales totalled SEK 1,273...

Period-end comment from Setra for Q3 2023

Wood products company Setra has reported an operating profit of SEK 8 million (231) for the third quarter of 2023. Net sales totalled SEK 1,207...

Period-end comment from Setra for Q2 2023

Wood products company Setra has reported an operating profit of SEK 10 million (564) for the second quarter of 2023. Net sales totalled SEK 1 368...

Focus on plant protection and sustainability during EU visit to Setra

On Tuesday, wood industry company Setra hosted an EU delegation comprising the Chief Officers of Plant Health from the EU Member States. “We are...

Period-end comment from Setra for Q1 2023

Wood products company Setra has reported an operating loss of SEK -64 million (480) for the first quarter of 2023. Net sales totalled SEK 1,414...

Pyrocell receives sustainability certification in accordance with ISCC

Pyrocell's pyrolysis oil production has received sustainability certification in accordance with the international environmental certification syst...

New Setra CEO appointed

The wood industry company Setra has appointed Marcus Westdahl as its new CEO. Marcus Westdahl is currently CEO of EFG European Furniture Group. He...

Period-end comment from Setra for Q4 2022

Wood products company Setra has reported an operating loss of SEK -69 million (369) for the fourth quarter of 2022. Net sales totalled SEK 1,395...

Setra launches partnership with Vasakronan

Setra has been commissioned to supply locally produced cross-laminated timber and glulam for the Lumi district in Uppsala. There, Vasakronan is...

Period-end comment from Setra for Q3 2022

Wood products company Setra has reported an operating profit of SEK 231 million (600) for the third quarter of 2022. Net sales totalled SEK 1,343...

Katarina Levin resigns as CEO of Setra

Setra's CEO Katarina Levin leaves her position at Setra's Annual General Meeting in May 2023.

Setra supplies timber frame for new Electrolux development Greenhouse Sthlm

Setra has been commissioned to supply locally produced CLT and glulam for the first phase of Greenhouse Sthlm, a climate-smart development by...

Period-end comment from Setra for Q2 2022

Wood products company Setra has reported an operating profit of SEK 564 million (442) for the second quarter of 2022. Net sales totalled SEK 1,792...

Setra first in Sweden with moisture protection for cross-laminated timber (CLT)

The timber industry company Setra is the first business in Sweden to offer a new moisture protection for frames made from cross-laminated timber. T...

Period-end comment from Setra for Q1 2022

Wood products company Setra has reported an operating profit of SEK 480 million (177) for the first quarter of 2022. Net sales totalled SEK 1,834...

Period-end comment from Setra Q4 2021

Wood products company Setra is reporting operating profit of SEK 1,588 million (117) for 2021. Net sales totalled SEK 5,841 million (4,131). The...

Setra makes major investment in Bergslagen to expand drying capacity at the sawmills in Heby and Hasselfors

Setra is expanding drying capacity at Heby and Hasselfors – a decision taken by the Board of the wood products company at its latest meeting. ...

Setra invests in Malå to double its production

Setra is doubling production at its facility in Malå, Västerbotten – a decision taken by the Board of the wood products company at its latest...

Period-end comment from Setra Q3 2021

Wood products company Setra has reported an operating profit of SEK 600 million (-3) for the third quarter of 2021. Net sales totalled SEK 1,565...

Setra and Arvet donate meeting hall to UN settlement in Kenya

Today saw the official opening of a much-needed meeting hall, donated by Setra and Arvet. The hall is built of cross-laminated timber and is locate...

Pyrocell has started production

Production is now underway at Pyrocell's plant in Gävle. The new and groundbreaking factory is turning sawdust into bio-oil.

Setra Wood Products strengthens its Sales Team

Setra Wood Products is strengthening its sales team for the UK market. Lee Tucker joins the company as of September 13[th,] 2021.

Setra Skinnskatteberg invests in a new saw line

The wood industry company Setra invests in a new saw line for small diameter logs at the company's facility in Skinnskatteberg. The investment...

Period-end comment from Setra Q2 2021

Wood products company Setra has reported an operating profit of SEK 442 million (47) for the second quarter of 2021. Net sales totalled SEK 1,529...

Setra launches exports to the USA

March saw Setra dispatch its first delivery of planed construction timber to the USA. With strong demand for high-quality timber on the other side ...

Period-end comment from Setra Q1 2021

Wood products company Setra has reported an operating profit of SEK 177 million (12) for the first quarter of 2021. Net sales totalled SEK 1,184...

Period-end comment from Setra Q1 2021

Wood products company Setra has reported an operating profit of SEK 177 million (12) for the first quarter of 2021. Net sales totalled SEK 1,184...

Setra supplies timber frames for Bologna 2 in Cederhusen project

Wood products company Setra will be supplying the timber frames for the second building in the Cederhusen housing development in Hagastaden,...

Period-end comment from Setra Q4 2020

Wood products company Setra is reporting operating profit of SEK 117 million (8) for 2020. Net sales totalled SEK 4,131 million (4,264). The compan...

Period-end comment from Setra Q3 2020

Wood products company Setra has reported an operating profit of SEK 56 million (95) for the first nine months of 2020. Net sales totalled SEK 3,043...

Period-end comment from Setra Q2 2020

Wood products company Setra is reporting an operating profit of SEK 59 million (117) for the first six months of 2020. Net sales totalled SEK...

Setra supplies timber frames for Cederhusen

Wood products company Setra is supplying the timber frames for Folkhem’s housing development Cederhusen in Stockholm. With Setra’s crosslam factory...

Period-end comment from Setra Q1 2020

Wood products company Setra has reported an operating profit of SEK 12 million (83) for the first quarter of 2020. Net sales totalled SEK 1,094...

Ground broken for Sweden’s historic first pyrolysis oil plant for biofuel

On the 23rd of March the first ground was broken for Pyrocell’s plant at Setra’s Kastet sawmill in Gävle. Pyrocell will be manufacturing non-fossil...

Uncertain market conditions continue to affect Setra’s earnings

Wood products company Setra has reported an operating profit of SEK 95 (287) million for the period January–September 2019. Net sales totalled SEK...

Work begins on building Europe’s first plant for pyrolysis oil at Setra Kastet

Wood products company Setra and fuel company Preem are teaming up to produce pyrolysis oil from sawdust. The jointly owned company Pyrocell will...

Katarina Levin – new CEO of Setra

Katarina Levin has been appointed the new President and CEO of wood products company Setra. Katarina is currently Vice President Marketing & Sales ...

Low volumes affect Setra’s profit for the first quarter

Wood products company Setra has reported an operating profit of SEK 83 million (92) for the first quarter of 2019. Net sales totalled SEK 1,128...

Setra’s CEO Hannele Arvonen to become CEO of Sveaskog

Wood products company Setra’s CEO Hannele Arvonen has been appointed new CEO of Sveaskog.

Setra reports growth in profit for 2018

Wood products company Setra is reporting an operating profit of SEK 310 million (159) for 2018. This figure includes non-recurring items of SEK -45...

Setra reports growth in profit for third quarter

Wood products company Setra is reporting an operating profit of SEK 287 million (107) for the period January–September 2018. Net sales totalled SEK...

Setra reports growth in profit for first half of year

Wood products company Setra has reported an operating profit of SEK 233 million (90) for the first half of 2018. Net sales totalled SEK 2,359 milli...

Preem and Setra collaborate on renewable fuel

Preem and wood industry company Setra are investigating the possibility of building a joint production facility for the manufacture of pyrolysis...

Setra posts growth in profit

Wood products company Setra has reported an operating profit of SEK 92 million (33) for the first quarter of 2018. Net sales totalled SEK 1,130...

Setra invests in CLT factory in Långshyttan

Wood products company Setra is investing in a CLT factory in Långshyttan. The investment aims to meet the great demand for CLT, above all in the...

Setra reports increased earnings and invests in the future

Wood products company Setra is reporting an operating profit of SEK 159 million (153) for 2017. This figure includes non-recurring items of SEK -20...

Setra invests in component factory in Långshyttan

Wood products company Setra is investing in a component factory in Långshyttan, Sweden. The investment aims to meet growing customer demand for...

Setra invests in a new trim saw and planing machine in Hasselfors

Wood products company Setra is investing in a new trim saw with integrated planing machine at its mill in Hasselfors. The investment is expected to...

Setra reports increased earnings and invests in the future

Wood products company Setra is reporting an operating profit of SEK 107 million (86) for the period January – September 2017. Net sales totalled SE...

Setra initiates process of selling Setra Rolfs in Kalix

Setra has set in motion the sale of its operation in Rolfs, Kalix. The mill has around 60 employees and produces sawn wood products such as...

Setra reports increased earnings for the first half of 2017

Wood products company Setra reports an operating profit of SEK 90 million (76) for the first half of 2017. Net sales totalled SEK 2,082 million...

Setra hires new manager at Skutskär

Setra Group has hired Sara Westberg as the new manager for its unit in Skutskär. Sara Westberg joins Setra from BillerudKorsnäs in Gävle where she...

Increased earnings for Setra

Wood products company Setra reports an operating profit of SEK 33 million (9) for the first quarter of 2017. Net sales totalled SEK 1,007 million...

Setra buys industrial property in Malå

Setra is acquiring the property Rubanken 2 from IKEA Industry Malå AB. The facility is suitable for wood processing and is adjacent to Setra’s...

Anders Nordmark new Mill Manager at Setra Rolfs

Anders Nordmark has been appointed Mill Manager for Setra Rolfs in Kalix. His current position is CEO of Stenvalls Trä in Piteå.

Increased earnings for Setra

Wood products company Setra reports an operating profit of SEK 153 million (47) for the full year 2016. This profit includes non-recurring items in...

Setra sells Vimmerby sawmill

Setra has reached an agreement with Bergs Timber AB on the sale of Vimmerby sawmill.

Continued stable market situation

Wood products company Setra reports an operating profit of SEK 86 million (78) for the period January-September 2016. The profit includes...

Setra increasing focus on technical development

Andreas Hörnfeldt has been appointed as Technical Director at Setra. The new Technology staff function will be responsible among other things for...

Declaration of intent regarding the sale of Vimmerby sawmill

Setra has signed a declaration of intent with Bergs Timber AB regarding the sale of Vimmerby sawmill.

Setra takes a holistic approach to sustainability issues

Setra’s Environmental Manager, Charlotte Thedéen, has been appointed as the company’s Sustainability Director and will have overall responsibility...

Setra reports strong second quarter

Wood products company Setra reports an operating profit of SEK 76 million (88) for the first half of 2016. Net sales totalled SEK 2,188 million...

Setra sells Plusshus subsidiary

Setra has recently reached an agreement with Derome on the sale of its subsidiary, Setra Plusshus.

Interim report January – March 2016: Improved market situation

Wood products company Setra reports an operating profit of SEK 9 million (24) for the first quarter of 2016. Net sales totalled SEK 1,028 million...

Setra builds new log feeder at Kastet sawmill

Setra has decided to commission Gösta Hedlund AB to install a new log feeder at Kastet sawmill in Gävle. The new log feeder is expected to be in...

Improved cash flow despite lower earnings

Setra reports an operating profit of SEK 47 million (201) for the full year 2015. Operating profit includes discontinuation costs of SEK 19 million...

Setra guards against uncertain market situation

Wood products company Setra is making production cutbacks at three redwood sawmills during the fourth quarter to guard against the uncertain market...

Jonas Fintling new Mill Manager at Setra Hasselfors

Jonas Fintling, who previously worked at Setra, is now back and has taken up the position of Mill Manager at Setra Hasselfors.

Interim report from Setra

Setra reports an operating profit of SEK 78 million (192) for the period January-September 2015. Discontinuation costs for the planing mill in Valb...

Setra Rolfs to streamline

Setra is to invest SEK 15 million in productivity enhancing measures at the Setra Rolfs sawmill in Kalix in northern Sweden. At the same time, the...

Setra to streamline and further develop processing business

The wood products company Setra is to streamline and further develop its processing business in order to strengthen long-term competitiveness. Setr...

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