Norbord reports higher EBITDA of $75 million in 1Q 2020
08-05-2020
Norbod, EBITDA, increase, oriented strand board, OSB, profits
Norbord Inc. reported adjusted EBITDA of $75 million for the 1Q 2020 compared to $27 million in the 4Q 2019 and $42 million in the 1Q 2019. The quarter-over-quarter increase was primarily driven by higher realised North American oriented strand board (OSB) prices and shipments while the year-over-year increase was driven by higher realised North …