Nov 15, 2011. /Lesprom Network/. Tembec's consolidated sales for the three-month period ended September 24, 2011, were $421 million, as compared to $444 million in the comparable period of the prior year, as the company said in a press release received by Lesprom Network. The Company generated a net loss of $17 million in the September 2011 quarter compared to net earnings of $2 million in the September 2010 quarter. Operating earnings before depreciation, amortization and other specific or non-recurring items (EBITDA) was $19 million for the three-month period ended September 24, 2011, as compared to EBITDA of $36 million a year ago and EBITDA of $32 million in the prior quarter. For the fiscal year ended September 24, 2011, consolidated sales were $1.7 billion, down from $1.9 billion in the prior year. The Company generated a net loss of $3 million to net earnings of $52 million in fiscal 2010. EBITDA was $95 million compared to $132 million in the prior year. The Dissolving and Chemical Pulp segment generated EBITDA of $30 million on sales of $180 million for the quarter ended September 24, 2011, compared to EBITDA of $45 million on sales of $188 million in the prior quarter. Sales decreased by $8 million primarily as a result of lower shipments of chemical pulp. The High-Yield Pulp segment generated negative EBITDA of $9 million on sales of $76 million for the quarter ended September 24, 2011, compared to negative EBITDA of $3 million on sales of $93 million in the prior quarter. Sales decreased by $17 million as a result of lower shipments. The Paper segment generated EBITDA of $6 million on sales of $84 million. This compares to EBITDA of $9 million on sales of $85 million in the prior quarter. The Forest Products segment generated negative EBITDA of $10 million on sales of $121 million. This compares to negative EBITDA of $16 million on sales of $113 million in the prior quarter. The increase in sales was due primarily to higher shipments. Tembec is a large, diversified and integrated forest products company which stands as the global leader in sustainable forest management practices. The Company’s principal operations are located in Canada and France.