LP reports negative net profit again in second quarter

Development of turnover hampered due to lower prices in business unit OSB

In the second quarter of 2023, development of turnover and results at Louisiana-Pacific Corp. (Nashville, Tennessee) was hampered due to average prices in the OSB business division dropping by more than half year-on-year (-57%). Sales volumes also decreased significantly, down 21% to 766m sqft (basis 3/8”). As a res...

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