Moelven: Operating profit declines in second quarter

Against the backdrop of sluggish demand and unfavourable currency-exchange rates, profits at the Norwegian company Moelven Industrier ASA, Moelv, have shown a slightly weaker trend than originally expected in the second quarter of 2012. Although turnover increased somewhat to NKR2.186bn (April-June 2011: 2.139bn), the ...

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