Moelven’s first quarter result affected by harsh winter

EBITDA of planed-products division almost halved to 30m

A variety of the sawmills of the Norwegian company Moelven Industrier ASA of Moelv had to throttle back their output in the first quarter of 2018 due to comparatively cold weather with heavy snowfall. Cutting activity was reduced as well in connection with the fourth-quarter closure of the roughly 80,000 m³ p.a. ...

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