Financial Performance Overview - Net sales remained flat year-over-year at $724 million[11] - Adjusted EBITDA decreased to $162 million compared to $182 million in Q1 2024[11, 37] - Adjusted EPS decreased to $1.27 from $1.53 in Q1 2024[11, 38] Siding Solutions - Siding Solutions net sales increased by $41 million to $402 million, compared to $361 million in Q1 2024[22, 39] - Siding Solutions sales volume increased by 9%[12] - Siding Solutions adjusted EBITDA increased to $106 million, up from $90 million in Q1 2024[22, 39] - Siding Solutions EBITDA margin was 26%[12] OSB (Oriented Strand Board) - OSB net sales decreased to $267 million, compared to $313 million in Q1 2024[26, 39] - OSB adjusted EBITDA decreased to $54 million, down from $90 million in Q1 2024[26, 39] - Overall OSB volume decreased by 10%[26] Capital Allocation and Liquidity - Capital expenditures totaled $64 million[11] - The company returned $81 million to shareholders, including $20 million in dividends and $61 million in share repurchases[11, 12] - The company has $1 billion in total liquidity[12]
Louisiana-Pacific(LPX) - 2025 Q1 - Earnings Call Presentation