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Moelven confronted by serious losses in Q4

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Published in issue 8/2011
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Moelven Industrier ASA of Moelv recorded an operating loss to the amount of NOK35.6m (Oct.-Dec. 2009: +61.7m) in the fourth quarter of 2010. The pre-tax result dropped to -NOK34.5m (+49.3m) and the net result to -NOK25.5m (+33.9m). This deterioration in profits was in spite of an increase in turnover to NOK1.885bn ...

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