30 million in profit for Moelven
Increased delivery volumes in the Group’s woodworking business and a positive trend in the Swedish part of the module and interior business gave Moelven an operating profit of NOK 30 million in the first quarter of this year.This meant that Moelven increased operating profit by NOK 8 million over the same period last year. Revenues in the first quarter increased by 13 percent to NOK 2605 million (2316 million). Satisfactory demandCEO Morten Kristiansen of Moelven Industries ASA says that there has been a satisfactory demand for sawn timber in the quarter.“In the export markets, the