Norbord Reports Third Quarter 2017 Results

By Norbord Inc.
Canada Newswire
October 27, 2017
Category: Business & Politics
Region: Canada, Canada East

TORONTO – Norbord Inc. (TSX and NYSE: OSB) today reported Adjusted EBITDA of $200 million for the third quarter of 2017 versus $115 million in the third quarter of 2016 and $165 million in the second quarter of 2017. The improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes. North American operations generated Adjusted EBITDA of $184 million compared to $106 million in the same quarter last year and $157 million in the prior quarter.

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