MOELVEN INDUSTRIER - Quarterly Report 3Q02

* Operating profit after nine months was NOK 107.5 million and NOK 31.6 million in third quarter separately.
* Positive development for the Timber Industry Group espesially within sawmilling.
* Low level of working capital results in decreased financial cost.
* Strategy for the Moelven Group approved by the board on September 12.
* The strategy focuses on increased sales of wood based building materials in Scandinavia.
Please use the following link for 3rd Quarter report:

About Us

Click here to find all company financial reports: Moelven Industrier ASA is a Scandinavian industrial group that supplies products and associated services to the Scandinavian building market. The Group's businesses employ over 3.500 persons and have a total annual turnover of some NOK 11 billion. The Group's 36 business production units are organised into three divisions: Timber, Wood and Building Systems.


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