Moelven's operating result for the third quarter showed a loss of NOK 28 million, compared with a loss of NOK 14 million in the same period last year.
Moelven's revenue ended at NOK 11 million in the second quarter of the year. This is significantly better than in the first quarter of the year, but is weaker than the NOK 46 million made in the same quarter last year.
A challenging European export market is the main reason for Moelven's operating loss of NOK 64 million in the first quarter.
Moelven has returned an operating profit of NOK 17 million for 2012. This is roughly the same as last year and is close to a break-even result. CEO Hans Rindal sees plenty of room for improvement.