Higher costs exerting pressure on Moelven’s margins

Building Systems’ sales revenue and earnings boosted in first quarter

Moelven Industrier ASA of Moelv, Norway, believes that although business activity on the international sawnwood markets in the first quarter of 2023 was better than expected at the start of the year, lower prices for sawnwood and processed wood as well as lower sales figures and higher costs exerted substantial pres...

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