11:41 AM EST - Acadian Timber Corp. : reported financial and operating results for the three-month period ended March 26, 2011. Acadian generated net sales of $21.8 million on consolidated volumes of 426 thousand m3 during the first quarter as compared to net sales of $20.5 million on consolidated volumes of 401 thousand m3 during the same period last year. EBITDA for the first quarter was $7.3 million or 33% of net sales, an increase from EBITDA of $5.7 million or 28% of net sales for the comparable period in 2010. Acadian Timber Corp.
shares T.ADN are trading down $0.35 at $11.97.
