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Moelven: net results more than halved

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Published in issue 9/2004
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For the fourth quarter 2003, Moelv-based Moelven Industrier ASA, belonging to the Metsäliitto subsidiary Finnforest Corp. in Espoo had to post a net loss of NKr-17m (Oct.-Dec. 2002: +17.6m). An increase in fourth quarter sales by about 6% to NKr1.251bn (1.175bn) did not compensate for the negative influence from ...

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