Company: LPX
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038227
Chunk: 21

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 21
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2025 versus 2024                     June 30, 2025 versus 2024                 
                                  Average Net                    Unit           Average Net                    Unit       
                                  Selling Price                  Shipments      Selling Price                  Shipments  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  OSB - Structural Solutions      (27)                           —              (19)                           (5)        
  OSB - commodity                 (33)                           4              (23)                           3          

For the three and six months ended June 30, 2025, OSB net sales decreased by $101 million and $147 million, respectively, compared to the same prior-year periods. These decreases were primarily driven by lower OSB prices.

Adjusted EBITDA for the OSB segment for the same periods decreased year-over-year by $106 million and $143 million, respectively, also reflecting the impact of lower OSB prices.

LPSA

The LPSA segment manufactures and distributes OSB structural panel and Siding Solutions products in South America and certain export markets. This segment also sells and distributes a variety of companion products to support the region’s transition to wood frame construction. The LPSA segment carries out manufacturing operations in Chile and Brazil and operates sales offices in Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, and Peru.

Segment net sales and Adjusted EBITDA for this segment were as follows(dollar amounts in millions):

                       Three Months Ended June 30,                              Six Months Ended June 30,                          
                       2025                             2024      % Change      2025                           2024      % Change  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net sales            $                                $         (7)           $                              $         2         
  Adjusted EBITDA      9                                10        (13)          21                             20        4         

For the three months ended June 30, 2025, net sales and Adjusted EBITDA declined year-over-year by $3 million and $1 million, respectively, primarily due to lower OSB prices.

For the six months ended June 30, 2025, net sales and Adjusted EBITDA increased by $2 million and $1 million year-over-year, respectively, driven by higher Siding volume and prices partially offset by lower OSB prices.

Other

Our other products segment includes other minor products, services