The company, which reported reduced second quarter profits of NKr45.5m said most of its exports were from its Swedish sawmills, which are having to face cheap competition from competitors benefiting from a weak euro.
The profit level was NKr10m down on a year ago. Sales were constant with last year at NKr2.1bn.
President and CEO Hans Rindal said he was satisfied that all three of Moelven’s divisions recorded positive operating results.
"We do not expect any increase in demand for industrial wood in Europe in the near future," said Mr Rindal.
"However, positive signals from other areas such as the Middle East, North Africa and the US indicate that we can expect an improvement in the international market balance for industrial wood."
Moelven’s building systems business reported a decline in Swedish market activity, with some customers becoming more hesitant in the second quarter.
