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.

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, ...

Revenue: Reported $724 million, up 24% year-over-year, surpassing estimates of $688.85 million. Net Income: Achieved $108 million, an increase of $85 million from the previous year, exceeding ...

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 ...

Louisiana-Pacific Corporation LPX, commonly known as LP Building Solutions or LP, inked a deal with Forex Inc. to acquire the assets of the latter’s subsidiary — Wawa OSB Inc. The transaction includes ...

The Siding business has emerged as the primary growth driver for Louisiana-Pacific. Analysts project that this segment will continue to outperform the broader market, with expectations of 7-9% ...