Feb 13, 2013. /Lesprom Network/. Acadian Timber Corp. reported financial and operating results for the three months ended December 31, 2012. For the 4Q 2012, Acadian generated net sales of C$18.4 million on sales volume of 327 thousand cubic metres, which represents a C$3.3 million, or 22%, increase in net sales compared to the same period in 2011, as the company said in a press release received by Lesprom Network. Adjusted EBITDA of C$5.1 million for the 4Q 2012 was $1.3 million higher than in the 4Q 2011, and Adjusted EBITDA margin increased to 28% from 25% in the same period of last year. The increase in margin is attributed to higher contributions to fixed costs resulting from increased sales volume. For the year ended December 31, 2012, Acadian generated net sales of C$68.8 million on sales volume of 1,304 thousand cubic metres as compared to net sales of C$66.2 million on sales volume of 1,293 thousand cubic metres in 2011. Adjusted EBITDA of C$16.5 million during the year ended December 31, 2012 is C$1 million higher than the prior year. "Acadian benefitted from strong demand and pricing for its hardwood pulpwood and average selling prices for spruce fir sawlogs remained robust in Acadian's Maine operations," said Reid Carter, CEO of Acadian. Costs for the 4Q were C$9.7 million, compared to C$8 million in the same period in 2011. This is attributable to higher volumes sold and increased hauling costs as a lower proportion of sales were from log sort yards. Acadian announced a dividend of C$0.20625 per share, payable on April 15, 2013 to shareholders of record on March 29, 2013. 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.