The Annual report for Moelven is now available
n the annual report for 2015, you will find news, results and summarizations of the previous year. In addition, you’ll get a look at how Moelven are positioned to meet the future.
Moelven earned NOK 215 million from operations
In 2015 the Moelven Group improved its underlying operations by NOK 50 million and achieved an operating result of NOK 215 million.
Lars Thorsrud has been appointed as the new Marketing Director at Moelven Timber Division
Lars Thorsrud(44) has been appointed as the new Marketing Director for Moelven Industrier ASA, Timber Division. He is currently employed as marketing manager in Norske Skog Saugbruks AS.
Good results for Moelven
Moelven earned NOK 80 million from operations in Q3 and improved the result by NOK 62 million compared to the same period the previous year.
Morten Kristiansen becomes CEO of Moelven
Morten Kristiansen has been appointed the chief executive of Moelven Industrier ASA. Kristiansen has been the acting chief executive for a year, after the previous chief executive, Hans Rindal, stepped down last autumn.
Moelven earned NOK 48 million
This year, Moelven’s second quarter profits from its operations amounted to NOK 48 million. That is 35 million less than in the corresponding period last year. But before impairments and cost corrections, underlying operations showed an improved performance.
Moelven posted a NOK 22 million profit on the company's operations during the first quarter
The NOK 22 million operating profit in Q1 is down NOK 32 million compared to Q1 2014.
Profit of over NOK 200 million for Moelven
With an operating profit of NOK 204 million for 2014 Moelven Industrier ASA posted its best results since 2010.
Improved results for Moelven
Moelven Industrier improves on its operating profit for Q3 by NOK 46 million compared to the same quarter last year. The earnings improvement is attributed to operational improvements and more favourable market conditions.
Hans Rindal resigns as CEO of Moelven
The Board of Directors of Moelven Industrier ASA today agreed with Hans Rindal that he is to step down as CEO. Rindal has been employed by Moelven Industrier ASA since 1995 and has held the position as CEO since 2006.