LPX is transitioning from a commodity business to specialized products, such as engineered wood siding and performance OSB, which offers higher revenues and more stable profit margins. The OSB market, ...
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.
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 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.
The engineered wood siding market has grown rapidly in recent years, but Louisiana-Pacific will struggle to take additional share from traditional siding materials going forward. U.S. homebuyers could ...
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 ...