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Norbord Inc.

09:56 AM EST - Norbord Inc. : reported Earnings Before Interest, Taxes, Depreciation and Amortization of $111 million in the first quarter of 2013, a $90 million improvement over the first quarter of 2012 and a $41 million improvement over the prior quarter. North American operations generated EBITDA of $106 million in the first quarter of 2013 versus $14 million and $67 million in the first and fourth quarters of 2012, respectively. European operations generated EBITDA of $10 million in the first quarter of 2013 versus $11 million and $9 million in the first and fourth quarters of 2012, respectively. Norbord recorded $67 million of earnings ($1.26 per share diluted) in the first quarter of 2013 compared to break-even in the first quarter of 2012 and $38 million ($0.76 per share diluted) in the fourth quarter of 2012. Norbord Inc.
shares T.NBD are trading up $1.60 at $33.70.