Louisiana-Pacific Corporation (N:LPX)

Business Focus: Wood Products

Sector:  Basic Materials Industry:  Forest & Wood Products
See Regulatory Filings on SEC
Company Contact
Address: 414 Union St Ste 2000
NASHVILLE TN 37219-1711
Tel: N/A
Website: https://www.lpcorp.com
IR: See website
Key People
E. Gary G. Cook
Independent Chairman of the Board
William Bradley Southern
Chief Executive Officer, Director
Alan J. M. Haughie
Chief Financial Officer, Executive Vice President
Robin Hirsch Everhart
Senior Vice President, Chief Human Resources and Transformation Officer
Jason Ringblom
Executive Vice President - OSB
Neil Sherman
Executive Vice President - Siding
Michael T. Sims
Senior Vice President - Sales and Marketing
Joseph Richards Martin
Interim General Counsel, Secretary
Michael Emory Kinney
Business Overview
Louisiana-Pacific Corporation is a manufacturer of building products. The Company's products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America. The OSB segment manufactures and distributes OSB structural panel products. The Siding segment offers two categories of products, which include SmartSide siding products and related accessories, and CanExel siding and accessories and other related products. The Engineered Wood Products (EWP) segment manufactures and distributes laminated veneer lumber, I-Joists, laminated strand lumber and other related products. The South American segment manufactures and distributes OSB and siding products in South America and certain export markets. Its engineered I-joists are used in residential and commercial flooring, and roofing systems and other structural applications.
Financial Overview
For the three months ended 31 March 2019, Louisiana-Pacific Corporation revenues decreased 16% to $582M. Net income before extraordinary items decreased 72% to $27M. Revenues reflect OSB segment decrease of 34% to $208M, Engineered Wood Products segment decrease of 11% to $90M. Net income also reflects Selling/General/Admin Expense increase of 13% to $57M (expense), Foreign currency gain (loss) increase from $200K to $3M (expense).
Employees: 4,900 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,156M as of Mar 31, 2019
Annual revenue (TTM): $2,719M as of Mar 31, 2019
EBITDA (TTM): $561.60M as of Mar 31, 2019
Net annual income (TTM): $330.90M as of Mar 31, 2019
Free cash flow (TTM): $140.30M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 123,444,775 as of May 7, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization