Norbord, Inc. reported audited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. The company recorded earnings of USD 38 million or USD 0.86 per share (USD 0.76 per share diluted) in the fourth quarter of 2012 against a loss of USD 9 million or USD 0.21 per share in the same quarter of 2011. In the fourth quarter of 2012, the company delivered EBITDA of USD 70 million against USD 66 million in the previous quarter and USD 9 million in the fourth quarter of 2011.

For the year, the company reported sales of USD 1,149 million compared to USD 965 million a year ago. Earnings before income tax and depreciation were USD 188 million compared to USD 45 million a year ago. Earnings were USD 72 million compared to loss of USD 11 million a year ago. Diluted earnings per share were USD 1.59 compared to diluted loss per share of USD 0.25 a year ago. Net cash provided by operating activities were USD 136 million compared to net cash used in operating activities of USD 13 million a year ago. Investment in property, plant and equipment was USD 22 million compared to USD 23 million a year ago.