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Our 2020
This has been an extraordinary year, in which the coronavirus pandemic has had a significant impact on us all. Following a steep dip in the market during the spring, the rest of the year was distinguished by strong demand for wood products. The high commitment and elevated responsibility our employees displayed has proved more important than ever before.
97 %
Green energy
Almost all the energy we use in our business comes from renewable sources. Our stated aim is for Setra’s operations to be climate neutral by 2030.
1.3 million tonnes
Locked up carbon dioxide
Our wood products are climate positive, which means that they bind more carbon dioxide than their production generates. The wood products we sold in 2020 bind carbon corresponding to around 1.3 million tonnes of CO2, which remains locked in throughout the life cycle of the goods.
Accident frequency rate 21 Safety first
We have a zero vision for accidents at work. Setra’s accident frequency rate, i.e. the number of accidents per million hours worked, improved marginally in relation to 2019. During the year we introduced a number of new preventative safety measures and adopted a new subgoal to help us achieve our zero vision.
72 EMI
Motivation at work
The Employee Motivation Index (EMI) rose from 71 to 72, demonstrating that motivation among our employees is increasing. Our focus on leadership development and on building a culture where everyone is involved and makes a contribution continued over the past year.
300,000 m3
Investments realised
Over the past year, production commenced both at the Setra factory for Cross-Laminated Timber (CLT) and at our new trimming and planing line. In total, they will increase our production potential of processed wood products by 300 000 m3 per year – to 430 000 m3 .
4,131 MSEK
Sales
Setra’s net sales rose by 5 percent compared to 2019. Demand for wood products has grown during the coronavirus pandemic, developing particularly strongly during the latter half of the year.
107MSEK
Operating profit
Setra’s operating profit of SEK 107 million, adjusted for non-recurring items, represents an improvement of SEK 77 million on the previous year.
Net sales by business (MSEK)
