Apr 27, 2011. /Lesprom Network/. Tembec has reported net earnings of $7 million on consolidated sales of $452 million in its 2Q ending March 26, 2011. Operating earnings before depreciation, amortization and other specific or non-recurring items (EBITDA) was $33 million for the three-month period ended March 26, 2011, as compared to EBITDA of $32 million a year ago and EBITDA of $11 million in the prior quarter. Consolidated sales for the three-month period ended March 26, 2011, were $452 million, as compared to $476 million in the comparable period of the prior year. The Forest Products segment generated negative EBITDA of $9 million on sales of $124 million. This compares to negative EBITDA of $11 million on sales of $113 million in the prior quarter. The Dissolving and Chemical Pulp segment generated EBITDA of $44 million on sales of $177 million for the quarter ended March 26, 2011, compared to EBITDA of $19 million on sales of $148 million in the prior quarter. Sales increased by $29 million as a result of increased shipments and higher dissolving pulp prices. The High-Yield Pulp segment generated EBITDA of $1 million on sales of $102 million for the quarter ended March 26, 2011, compared to EBITDA of $7 million on sales of $107 million in the prior quarter. Sales decreased by $5 million as a result of lower selling prices. During the most recent quarter, shipments were equal to 89% of capacity, as compared to 90% in the prior quarter. US $ reference prices decreased over the prior quarter. Combined with the negative currency impact, prices declined by $22 per tonne, reducing EBITDA by $4 million. The Paper segment generated EBITDA of $9 million on sales of $83 million. This compares to EBITDA of $4 million on sales of $87 million in the prior quarter. 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.