North American operations generated EBITDA of US$36m in the quarter versus US$58m last year and US$92m in the prior quarter.
European operations generated EBITDA of US$12m in both the Q3 and Q2 of 2013 versus US$10m in Q3 last year.
"I am pleased with our Q3 result in spite of the volatile OSB pricing we’ve experienced in North America this year," said Barrie
Shineton, president and ceo. "Prices have adjusted by 45% since the spring, yet even at today’s more moderate levels, we continue to generate attractive free cash flow."
