Best 3Q profit figures in years for Moelven
Even though sales are somewhat lower compared to last year, profit figures in the third quarter are higher than in many years. The main reason for the improved results is improved profitability for Moelven's modular business and the Group's sawmill division. The third quarter figures were reported in Moelven's third quarter report that was issued today.Operating revenues in the third quarter totalled NOK 1 391.2 million, compared to NOK 1 412.7 million for the same period last year. The reduction in operating revenues is primarily due to a weaker Swedish krone compared to 2004, as