Reports Q1 revenue $584M, consensus $621.34M. "Single-Family housing starts were down nearly 30% in the first quarter," said Brad Southern, chair and CEO. "Despite this challenging market, Siding sales were flat to prior year quarter, with price increases offsetting lower volume, and the OSB segment delivered positive EBITDA. LP’s strategy of growing Siding and operating OSB with flexibility and discipline continues to deliver value."
Published first on TheFly
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