In the Q2, Louisiana Pacific Corporation's corporate clients experienced a reduction by -5.14 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -5.4 %. During the corresponding time, Louisiana Pacific Corporation saw a revenue deteriorated by -12.05 % year on year, sequentially revenue grew by 15.68 %. While revenue at the Louisiana Pacific Corporation's corporate clients recorded rose by 7.12 % year on year, sequentially revenue grew by 7.88 %.
Customers of Louisiana Pacific Corporation saw their costs of revenue decrease by -5.14 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -5.4 %, for the same period Louisiana Pacific Corporation revnue deteriorated by -12.05 % year on year, sequentially revenue grew by 15.68 %.
Louisiana Pacific's Comment on Sales, Marketing and Customers
The company serves retailers, wholesalers, and home building and industrial businesses in North and South America through three segments: Siding, OSB, and LPSA, with LPSA now included in Other. The Siding segment provides engineered wood siding, trim, soffit, and fascia products, available primed and pre-finished, to builders and installers involved in new home construction, repair and remodeling projects, and outdoor structures such as sheds. The company plans to grow the Siding segment by expanding production capacity and product innovation. The OSB segment offers oriented strand board as a cost-effective and sustainable alternative to plywood; specific customers or market segments for OSB are not detailed.
Louisiana Pacific’s Comment on Sales, Marketing and Customers
The company serves retailers, wholesalers, and home building and industrial businesses in North and South America through three segments: Siding, OSB, and LPSA, with LPSA now included in Other. The Siding segment provides engineered wood siding, trim, soffit, and fascia products, available primed and pre-finished, to builders and installers involved in new home construction, repair and remodeling projects, and outdoor structures such as sheds. The company plans to grow the Siding segment by expanding production capacity and product innovation. The OSB segment offers oriented strand board as a cost-effective and sustainable alternative to plywood; specific customers or market segments for OSB are not detailed.
Sources:
Louisiana pacific Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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