Louisiana-Pacific's Q2 Net Sales Skyrocket: 'Notching Another Record Quarter,' CEO Says
Louisiana-Pacific's Q2 Net Sales Skyrocket: 'Notching Another Record Quarter,' CEO Says
Louisiana-Pacific Corp (NYSE:LPX) reported second-quarter 2024 net sales growth of 33.2% year-over-year to $814 million on Wednesday, beating the consensus of $797.264 million.
路易斯安那太平洋公司（NYSE：LPX）于周三发布2024财年第二季度净销售额，同比增长33.2％，达8.14亿美元，超过了7972.64万美元的共识。
Siding revenue grew 30% YoY due to higher volumes and prices. OSB revenue increased 53% due to higher prices and volumes.
由于产量和价格的提高，壁板收入同比增长30％，而OSB收入同比增长53％。
The gross profit increased 121% YoY to $263 million, and the margin expanded 1,283 bps to 32.3%. Operating margin for the quarter recovered 2,252 bps to 23.8%.
毛利润同比增长121％，达2.63亿美元，利润率扩大了1283个基础点，达到32.3％。本季度营业利润率恢复了2252个基础点，达到23.8％。
Adjusted EPS was $2.09, up from $0.55 YoY, beating the consensus of $1.93.
调整后的每股收益为2.09美元，同比增长从0.55美元，超过了1.93美元的共识。
Adjusted EBITDA was $229 million, up from $93 million YoY, and the margin expanded to 28.1% from 15.2%.
调整后的EBITDA为2.29亿美元，同比增长从9300万美元，利润率从15.2％扩大到28.1％。
Net cash provided by operating activities for the quarter totaled $212 million, compared to $88 million a year ago. Cash and equivalents totaled $317 million at the end of the quarter.
本季度营运活动提供的净现金为2.12亿美元，去年同期为8800万美元。季末现金及现金等价物共计3170万美元。
LPX paid $102 million to repurchase 1.2 million of LP's common shares during the quarter and $19 million in cash dividends.
LPX在本季度支付了1.02亿美元用于回购120万股LP普通股以及1900万美元的股息。
"LP's Siding business continued to gain share and outperform the underlying markets we serve, setting records for sales and EBITDA in the quarter and notching another record quarter for LP SmartSide ExpertFinish Trim & Siding," commented LP Chairperson and CEO Brad Southern.
LP主席暨首席执行官Brad Southern评论道：“LP的壁板业务继续获得份额并表现优异，该季度创下销售额和EBITDA的纪录，为LP SmartSide ExpertFinish Trim & Siding收获另一个季度纪录。”
Q3 Outlook: LPX expects Siding net sales growth of 16%- 18% YoY and consolidated Adjusted EBITDA of $105 million—$125 million.
第三季度展望：LPX预计壁板净销售额同比增长16％-18％，调整后的EBITDA合并为1.05亿美元-1.25亿美元。
2024 Outlook, raised: The company expects Siding net sales to grow by 14%-16% (prior 11%-13%) and sees consolidated Adjusted EBITDA of $580 million–$620 million (prior $655 million–$685 million) and capital expenditures of $200 million to $220 million.
2024展望，提高：公司预计壁板净销售额将增长14％-16％（前期为11％-13％），预计合并调整后的EBITDA为5.8亿至6.2亿美元（前期为6.55亿至6.85亿美元），资本支出为2,000万至2,200万美元。
Price Action: LPX shares are trading lower by 2.1% to $92.00 during the premarket on Wednesday.
周三盘前LPX股票下跌2.1％，至92.00美元。
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图像由Midjourney通过人工智能创建。