Louisiana Pacific reports positive Q2, 2024 results, releases sustainability report

Louisiana Pacific Corporation
August 7, 2024
Category: Finance & Economics
Region: United States, US East

NASHVILLE, Tennessee — Louisiana-Pacific, a manufacturer of building products, reported its financial results for the three and six months ended June 30, 2024. Key Highlights for Second Quarter 2024, Compared to Second Quarter 2023 include: Siding net sales increased by 30% to $415 million; Oriented Strand Board (OSB) net sales increased by 53% to $351 million; Consolidated net sales increased by 33% to $814 million; Net income was $160 million, an increase of $181 million; Adjusted EBITDA(1) was $229 million, an increase of $135 million; and Cash provided by operating activities was $212 million, an increase of $124 million.

In related news: LP also released their 2o24 Sustainability Report

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