Setra’s result remain well below last year’s level

Setra Group AB of Solna, Sweden, has recorded an operating result of SEK24m for the first quarter of 2015 (Jan.-March 2014: SEK67m), which equates to a reduction of roughly 64% against the same period of last year. Post-tax profit fell even more heavily from SEK46m to only SEK14m. Sales revenue, on the other hand, ...

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