“Facing tougher times”
In a difficult market situation, Moelven has delivered a good half-year result, but margins are under increasing pressure.
“Strong results in a time of great uncertainty”
Moelven had a strong first quarter, but uncertainty remains.
A year of huge fluctuations
2022 was the second best year in Moelven's history, but it will still be remembered as being a challenging year. "The first half of the year was characterised by the boom we had been experiencing since 2020, but then things suddenly changed during the autumn. Now our everyday operations are being governed by a completely different situation," says CEO Morten Kristiansen of Moelven.
– Challenging times ahead
Moelven delivers a good third quarter, but warns that the time ahead will be challenging. “The market has changed, electricity costs are rising and times are uncertain,” says CEO Morten Kristiansen of Moelven.
“Strong results, but uncertain times ahead”
Moelven is posting its best ever second quarter results, but is gearing up for a more challenging future. "The next six months will be impacted by considerable uncertainty and variations in demand. Going forward we envisage that our everyday operations will be more like those that we experienced before the pandemic," says CEO Morten Kristiansen of Moelven Industrier ASA.
Thanks employees for Moelven's strongest result
"The way that our employees have tackled the strong demand has been crucial for us being able to deliver as well as we have done," says Morten Kristiansen, CEO of Moelven Industrier ASA.
Continued strong international demand
The strong international demand for wood products continues to drive revenue growth for the timber industry. “The global market can’t get enough of wood products now, and this continues to characterise demand. At the same time we are seeing more normal seasonal developments on the domestic market,” says CEO Morten Kristiansen of Moelven Industrier ASA.
Moelven’s new image is on the way
The Moelven Group will launch its new brand on the 18th of October. “It will help us to be prepared and equipped for the future”, says Morten Kristiansen, CEO of Moelven Industrier ASA.
"Unique opportunity to further develop the lumber industry"
International demand for wood articles has resulted in a revenue growth the industry has hardly seen before. "Our operating margin gives us unique opportunities to get the lumber industry ready for the great demand for climate-smart products going forward," says Morten Kristiansen, CEO of Moelven Industrier ASA.
Moelven with greatest investment of all time
Moelven will modernise and develop capacity at Moelven Edanesågen AB and Moelven Valåsen AB. Overall, the group will invest more than SEK 600 million in the two sawmills in the years to come.