NOK 28 million loss for Moelven
Moelven's operating result for the third quarter showed a loss of NOK 28 million, compared with a loss of NOK 14 million in the same period last year.Operating revenues in the third quarter were NOK 1,883 million, compared with NOK 1,808 million in the third quarter of last year. The weak result is due to costs in connection with the commissioning of new production plant, project evaluation and a competitive situation in certain market segments that continues to be challenging. Measured against the same quarter last year, the improved results for the Timber division, Moelven Elektro AS