Louisiana-Pacific Corp ( (LPX) ) has released its Q1 earnings. Here is a breakdown of the information Louisiana-Pacific Corp presented to its investors.
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Louisiana-Pacific Corporation (LP), known for manufacturing high-performance building products, operates in the construction materials sector, producing engineered wood products for builders, remodelers, and homeowners globally. In the first quarter of 2025, LP reported flat consolidated net sales of $724 million, with a notable 11% increase in siding sales to $402 million, while oriented strand board (OSB) sales declined by 15% to $267 million. The company’s net income decreased by $17 million to $91 million, and adjusted EBITDA fell by $20 million to $162 million, primarily due to lower OSB prices and volumes. LP’s capital allocation strategy included $64 million in capital expenditures and $61 million in share repurchases, maintaining a total liquidity of $1 billion. The company announced a quarterly dividend of $0.28 per share. Looking ahead, LP expects siding sales to grow by 9-10% in the second quarter of 2025, with a full-year growth forecast of over 9%, driven by strong demand for its ExpertFinish products and gains in new residential construction.