Norbord Inc.

10:34 AM EST - Norbord Inc. : Reported Adjusted EBITDA of $138 million for the full-year 2019 compared to $724 million in 2018 on significantly lower realized North American oriented strand board (OSB) prices and shipment volumes, as well as lower European panel prices. North American operations generated Adjusted EBITDA of $85 million compared to $652 million in the prior year and European operations delivered Adjusted EBITDA of $64 million compared to $86 million in the prior year.For the fourth quarter of 2019, Norbord recorded Adjusted EBITDA of $27 million versus $33 million in the third quarter of 2019 and $70 million in the fourth quarter of 2018. Norbord Inc. shares T.OSB are trading up $0.51 at $40.21.