CANADA – Canadian wood panel manufacturer Norbord againstands out among its peers by posting the best performance figures in the third quarter of 2017 (3Q-2017).

The evaluation is carried out among the main international manufacturers of wood panels that published comparable results in 3Q-2017: Arauco, Duratex, Eucatex, Masisa, Norbord, Pfleiderer and Sonae.

Compared to 3Q-2016, Norbord stood out in terms of growth in sales (+ 27.6%) and EBITDA (+ 73.9%), as well as EBITDA margin improvement (+6.1 percentage points). In sales growth Norbord was followed by Chile’s Arauco and Brazil’s Duratex with improvements of 17.3% and 5.4% respectively. On the contrary, Portuguese Sonae registered the biggest drop in sales in 3Q-2017 (-8.2%), being the only one with negative growth.

In 3Q-2017, Chile’s Arauco was second in terms of EBITDA growth (+ 50.4%), ahead of Pfleiderer (18.5%), Eucatex (16.6%), and Duratex (+ 10.2%). Sonae (-22.3%) had the biggest drop in EBITDA compared to the same period in 2016. Regarding the EBITDA margin, Norbord had a strong improvement of 9.2 percentage points, followed by Arauco, with an improvement of 6.1 percentage points, and Eucatex with 2.0 percentage points of improvement. Masisa was the only one whose EBITDA margin fell in 3Q-2017 compared to the same period in 2016.

Sales

EBITDA

EBITDA Margin

Profit / Loss