Norbord doubles its adjusted EBITDA in Europe

Group financials took a clear turn for the worse at the year’s end

The Canadian company Norbord Inc., based in Toronto, Ontario, raised its European revenues by 20.2% to US$517m (2017: 430m) in the 2018 financial year on the back of price increases instituted during the course of the year. This growth emerged despite slightly lower sales. Adjusted EBITDA more than doubled to US$86m ...

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