Oct 27, 2011. /Lesprom Network/. For the 3Q 2011, Timber Corp. generated net sales of $17.5 million on sales volume of 341 thousand cubic metres, which represents a $0.3 million, or 2%, decrease in net sales compared to the same period in 2010, as the company said in a press release received by Lesprom Network. EBITDA of $3.8 million for the 3Q 2011 was $0.9 million lower than in the 3Q 2010, and EBITDA margin decreased to 22% from 26% in the same period of last year. The decrease in margin is attributed to a lower contribution from the land management services agreement and a higher percentage of hardwood harvested during the quarter which typically generates lower contributions to Acadian than softwoods. "Acadian performed well in the 3Q despite very wet weather conditions and challenges with labour supply in Maine" said Reid Carter, CEO of Acadian. Mr. Carter further noted that "Operating levels at Acadian's primary sawmill and at pulp and paper customers are positive and in-yard log inventories are low suggesting demand and pricing will remain firm." For the nine months ended September 24, 2011, Acadian generated net sales of $51 million on sales volume of 1,010 thousand cubic metres as compared to net sales of $50.4 million on sales volume of 1,017 thousand cubic metres in the comparable period of 2010. EBITDA of $11.7 million during the nine months ended September 24, 2011 is $0.3 million higher than the comparable period of 2010 reflecting the strong 1Q 2011 results. Acadian Timber Corp. is a leading supplier of primary forest products in Eastern Canada and the Northeastern U.S. With a total of 2.4 million acres of land under management, Acadian is the second largest timberland operator in New Brunswick and Maine.