Lower OSB prices negatively impact Norbord’s prices
Norbord Inc., the world’s largest producer of oriented strand board (OSB), reported Adjusted EBITDA of USD 36 million in the second quarter of 2019, a sharp drop compared to USD 273 million in the second quarter of 2018. The decrease was primarily due to lower North American OSB prices. North American operations generated Adjusted EBITDA of USD 18 million compared to USD 256 million in the same quarter last year. European operations delivered Adjusted EBITDA of USD 21 million, unchanged versus same quarter last year. Norbord recorded an Adjusted loss of ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
