CANADA – Norbord Inc., one of the main OSB producers in the world, reported sales revenues of USD 578 million in the 3Q-2017 compared to USD 453 million in the same period 2016 (+27.6%) and adjusted EBITDA of USD 200 million for the third quarter of 2017 versus USD 115 million in the third quarter of 2016 and USD 165 million in the second quarter of 2017.
“Our third quarter performance continued to accelerate and we delivered our best Adjusted EBITDA result in 13 years,” said Peter Wijnbergen, Norbord’s President and CEO. “In North America, our shipment volumes increased 5% and benchmark OSB prices were 36% higher year-over-year due to already strong OSB demand that was pushed even further by the hurricanes in the US south. In Europe, our financial performance is back on track as improved panel prices outpaced the currency translation headwind from the weaker Pound Sterling and the negative impact of higher resin prices.”
Results July – Septiembre
Results January – Septiembre
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