Moelven seeing little impact from coronavirus
Moelven started the year on a positive note, and the coronavirus pandemic has not yet significantly impacted the group’s operations. However, the pandemic makes it almost impossible to predict the future. Moelven saw revenues of NOK 2,735.5 million in the first quarter, which is a marginal increase from the same period last year (2,695.8 million). The operating result in the first quarter was NOK 69.6 million compared to NOK 140.9 million last year. Profit before tax was NOK -30.5 million compared to NOK 100.1 million ...
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