Decline in Moelven financial results

Building systems division reduces production capacity by more than 30%

In the second quarter of 2019 Norwegian Moelven Industrier ASA (Moelv) was confronted by a significant decline in results figures vis à vis last year. According to the quarterly report published by Moelven, the EBITDA decreased by 16% to NOK245m (April-June 2018: 290m) and operating profit fell by 23% to NOK168m ...

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