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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.

Progress for Moelven

The operating profit of NOK 137 million posted by Moelven at the end of the first six months of the year shows that the group is performing better than it has for a long time.

Good start to 2014 for Moelven

Moelven posted a NOK 53.7 million profit on the company's operations during the first quarter of 2014, i.e. NOK 117.6 million more than for the same quarter last year.

Good conclusion to the year for Moelven

Moelven posted a NOK 36 million profit on the company's operations during the final quarter of the year, i.e. NOK 69 million more than for the same quarter last year.

NOK 28 million loss for Moelven

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 earned NOK 11 million

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.

Moelven posts a loss of NOK 64 million

A challenging European export market is the main reason for Moelven's operating loss of NOK 64 million in the first quarter.

Head of Moelven sees room for improvement

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.