Quarterly Report Moelven Industrier ASA

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* Solid demand for industrial timber in most
European markets.
 
* Modular buildings (Phase 1) delivered to Snøhvit
project on schedule.
 
* Slower construction market in Norway and
Sweden.
 
* Capacity reductions partially compensate for
revenue reduction.
 
* Finnforest's and Moelven's sales efforts in
Denmark co-ordinated.
 
* Somewhat weaker annual profit anticipated this
year.
 
 
The full report with tables can be downloaded from the following link: