Second quarter profit was NKr84m, up from NKr53m during the first three months of the year, and NKr73m ahead on the same three months in 2013.
The company’s 15 sawmill, planing and component mills in Norway and central Sweden produce 1.9 million m3 of sawn timber a year. CEO Hans Rindal said the sawmills had performed the best, especially timber for industrial products.
"Roughly speaking this improvement is attributable to a combination of better prices and exchange rates for export items, internal operational improvements and better project implementation," he said.
He expects the Scandinavian market to remain stable, with a slight decline in Norway. "It is harder to predict the export market for sawn timber, but we have never-the-less observed that demand is continuing to be good in the third quarter," Mr Rindal said.
