Rising prices of sawn timber has made that Bergs Timber AB has turned loss into profit according to the interimreport September 1, 2009 - 31 May 2010. Improved earnings compared to the same period last year mainly due to improved selling prices for lumber and increased circulation of products. Negative factors were increased raw material costs and lower production and offloading earnings.
So far in 2010 according to statistics forest industries increased production of sawn timber in Sweden by 6 percent and in Finland by 27 percent compared to same period last year. Reports of increased production will also be from other major producing countries such as Germany and Austria. Stocks, however, remain comparatively low but is approaching normal levels. Read more