Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
May 7, 2019
Norbord’s European panel mills post a 17% growth in Q1/2019
Wood-based panels producer Norbord’s European operations reported a 17% growth in Q1, 2019 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to €18.75m, compared to a year ago. “In Europe, our panel business had another good quarter, delivering 17% more adjusted EBITDA year-over-year due to continued strong OSB demand in our key markets and the ramp-up of our modernised and expanded Inverness, Scotland mill,” the company said. “In Europe, panel markets remained strong, driven by continued OSB demand growth ...
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