OSB Leads LP Sales

Louisiana-Pacific Corporation had net sales of $1,337 million for the first quarter of 2022, an increase of 31 per cent compared to net sales in the first quarter of 2020. Siding solutions net sales increased 17 per cent year-over-year to $330 million; OSB net sales increased by 38 per cent to $744 million; and EWP net sales increased to $170 million from $123 million. Overall net income increased by $164 million to $484 million and adjusted earnings before taxes increased $174 million to $636 million.