Net Sales: $724 million, flat compared to the prior year. EBITDA: Decreased by $20 million due to lower OSB prices. Siding Revenue Growth: 11% growth driven by 9% higher volumes and 2% higher prices.
Louisiana-Pacific manufactures oriented strand board and engineered wood siding. It has over 7 billion square feet of production capacity across the United States, Canada, and South America.
CEO William Bradley Southern highlighted continued growth in the Siding segment despite "an increasingly challenging market backdrop," noting that "LP's Siding segment executed our strategy and ...
Louisiana-Pacific Corporation (NYSE:LPX), a leading manufacturer of engineered wood building materials, finds itself navigating a complex market landscape as it focuses on expanding its Siding ...
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