LP reports Q4 and year-end 2013 results
17 April 2014Louisiana-Pacific Corporation has reported results for Q4 and year ended December 31, 2013.
Total sales for Q4 of $480 million were 6% higher than the year ago quarter, and total sales for the year were US$2.1bn, 23% higher than the previous year.
Adjusted EBITDA from continuing operations for Q4 was US$24m compared to US$71m in Q4, 2012.
For the year, EBITDA from continuing operations was US$330m compared to US$200m the previous year.
The OSB segment reported net sales for Q4, 2013 of US$230m, down 5% compared to US$243m of net sales in Q4, 2012. For Q4, 2013, the OSB segment reported an operating profit of US$7m compared to US$58m in Q4, 2012.
For Q4, adjusted EBITDA from continuing operations for this segment was US$23m compared to US$68m in Q4, 2012.
