Moelven is monitoring the coronavirus outbreak as it is developing, and we are following the national health advice and mandatory regulations in the countries we operate in.
Moelven’s earnings were NOK 335 million in 2019
Last year was characterised by significant fluctuations for Moelven. This is evident from the preliminary operating result for the group. Moelven had sales of NOK 10,297.5 million in 2019, and delivered a operating result of NOK 335.4 million.
Wallenstad appointed Marketing Director
Fredrik Wallenstad takes on the role as Marketing Director in Moelven Timber. He will be starting in his new position December 1.
Moelven sees opportunities in a more demanding market
Moelven Industrier ASA achieved operating revenues of NOK 43.6 million in the third quarter. This is a decrease of NOK 86.0 million compared to the same period of 2018.
Moelven earned more than NOK 300 million in the first six months
Moelven Industrier ASA has a strong first six months behind it, with operating income of NOK 309.1 million. “There is a lot to suggest that the remainder of the year may be more unpredictable,” says CEO Morten Kristiansen.
Good start to the year for Moelven
International demand for wood products is once again contributing to a strong quarterly result for Moelven. Operating income for the year’s three first months was NOK 140.9 million.
We will build more with less
We need to use more wood in construction in order to achieve the climate goals, but at the same time use as little materials as possible.
Investing in chips and in nature
Moelven Østerdalsbruket in Koppang has invested NOK 10 million in a new chip terminal. This makes the sawmill better able to utilise the entire log.
Creating new local value
“We’re probably a bit obstinate. Startups like this one are few and far between in the wood processing industry. For us, it means increased value creation from local resources.”
Everyone shall arrive home in one piece
To Malin and Kim, HSE is an important part of everyday work, and they believe this is how it should be for all employees of Moelven.