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Press Release: LP Reports First Quarter 2018 -3-

7 May 2018 10:55 am
Other operating credits and 
 charges, net                              0.4           (3.4) 
Gain (loss) on sale or 
 impairment of long-lived 
 assets, net                               0.6           (0.6) 
General corporate and other 
 expenses, net                           (27.3)         (27.8) 
Interest expense, net of 
 capitalized interest                     (4.4)          (5.0) 
Investment income                          3.2            2.0 
Other non-operating items                 (1.4)          (1.9) 
                                 -------------      --------- 
Income from continuing 
 operations before taxes                 124.6           70.5 
Provision for income taxes                29.7           15.5 
                                 -------------      --------- 
Income from continuing 
 operations                       $       94.9      $    55.0 
                                     =========       ======== 
 
 
 
 
 
 
 
 
LOUISIANA-PACIFIC CORPORATION AND SUBSIDIARIES KEY STATISTICS The following 
table sets forth production volumes for the quarters ended March 31, 2018 
and 2017. 
 
                   Quarter Ended March         Quarter Ended March 
                        31, 2018                    31, 2017 
                   -------------------         ------------------- 
Housing 
starts(1) : 
Single Family              193.9                       181.4 
Multi-Family                94.7                        85.8 
                           -----                       ----- 
                           288.6                       267.2 
                           =====                       ===== 
 
                    Quarter Ended March 31, 
                              2018             Quarter Ended March 31, 2017 
                   --------------------------  ---------------------------- 
Sales Volume       Siding   OSB   EWP   Total  Siding   OSB   EWP    Total 
                   ------  -----  ----  -----  ------  -----  ----  ------- 
SmartSide(R) 
 Strand siding 
 (MMSF)             262.1               262.1   264.6               264.6 
SmartSide(R) 
 fiber siding 
 (MMSF)              56.0                56.0    66.4                66.4 
CanExel(R) siding 
 (MMSF)              12.8                12.8    14.1                14.1 
OSB - commodity 
 (MMSF)              30.5  615.9  10.5  656.9    49.5  602.3   4.7  656.5 
OSB - value added 
 (MMSF)              26.5  383.4  10.6  420.5          389.5   9.0  398.5 
LVL (MMCF)                         1.9    1.9                  1.8    1.8 
LSL (MMCF)                         0.9    0.9                  0.7    0.7 
I-joist (MMLF)                    23.8   23.8                 20.0   20.0 
 
(1) Actual U.S. Housing starts data reported by U.S. Census Bureau 
 
 
 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20180507005253/en/
 
    CONTACT:    Louisiana-Pacific Corporation 

Media Relations:

Mark Morrison, 615-986-5886

or

Investor Relations:

Becky Barckley/Mike Kinney, 615-986-5600
 
 

(END) Dow Jones Newswires

May 07, 2018 06:55 ET (10:55 GMT)
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