Tembec
said consolidated sales for the three-month period ended June 29, 2013 , were
$399 million, as compared to $415 million in the same quarter a year ago. The
Company generated a net loss of $4 million or $0.04 per share in the June 2013
quarter compared to a net loss of $5 million or $0.05 per share in the June
2012 quarter. Operating earnings before depreciation, amortization and other
items (adjusted EBITDA) was $30 million for the three-month period ended June
29, 2013 , as compared to adjusted EBITDA of $27 million a year ago and adjusted
EBITDA of $24 million in the prior quarter.
