MOELVEN INDUSTRIER - Quarterly Report 3Q02

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* 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:

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