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Companies in the timber industry / Daily News / Statistics / Wood Products / Wood-based panels / Europe / Global / North America
November 5, 2018

Norbord reports rising EBITDA on higher European panel prices and N. American shipment volumes

Norbord reports rising EBITDA on higher European panel prices and N. American shipment volumes
Norbord Inc. reported Adjusted EBITDA of $211 million for the 3Q 2018 versus $200 million in the 3Q 2017 and $273 million in the 2Q 2018. The year-over-year improvement is primarily due to higher European panel prices and North American shipment volumes, while the quarter-over-quarter decrease is due to lower North American oriented strand board (OSB) prices.    North American operations generated Adjusted EBITDA of $190 million compared to $184 million in the same quarter last year and $256 million in the prior quarter. European operations delivered Adjusted EBITDA of $23 million versus ...

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