Louisiana-pacific Corporation · NYSE:LPX
Louisiana-pacific — Q2 2018 Earnings Presentation
9 slides from Louisiana-pacific's earnings presentation, Aug 7, 2018
Slide 1: Louisiana-Pacific Corporation Q2 2018 Financial Results
Louisiana - Pacific Corporation Q2 2018 Financial Results August 7, 2018 These slides were prepared and should be read in conjunction with the earnings release by LP's management on August 7, 2018 relating to LP's financial condition and results of operations as of and for the quarter ended June 30,
Slide 2: Statement Relating to the Use of Non-GAAP Financial Measures
Statement Relating to the Use of Non-GAAP Financial Measures During the course of this presentation, certain non- U.S. GAAP financial information will be presented. Reconciliation of those numbers to U.S. GAAP financial measures are available on the company’s website at www.lpcorp.com under the Inve
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains statements concerning Louisiana-Pacific Corporation's (LP) future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause actual results to d
Slide 4: Financial Results
Financial Results Dollar amounts in millions, except per share amounts Q2 2018 Q1 2018 Q2 2017 YTD 2018 YTD 2017 Net sales $ 810.8 $ 691.3 $ 694.1 $ 1,502.1 $ 1,305.0 Income from continuing operations $ 162.9 $ 94.9 $ 94.5 $ 257.8 $ 149.5 Net income $ 162.7 $ 90.9 $ 94.5 $ 253.6 $ 149.5 Diluted EPS
Slide 5: Siding
Siding Dollar amounts in millions Q2 2018 Q1 2018 Q2 2017 YTD 2018 YTD 2017 Sales $ 261.6 $ 227.0 $ 231.0 $ 488.6 $ 445.0 Operating incomea $ 62.7 $ 45.3 $ 49.0 $ 108.0 $ 89.7 Adjusted EBITDA $ 71.4 $ 53.7 $ 56.7 $ 125.1 $ 105.7 Adjusted EBITDA Margin 27% 24 % 25 % 26% 24 % Percentage Changes: Sales
Slide 6: OSB
OSB Dollar amounts in millions Q2 2018 Q1 2018 Q2 2017 YTD 2018 YTD 2017 Sales $ 387.4 $ 313.3 $ 325.0 $ 700.7 $ 593.4 a Operating income $ 157.4 $ 97.4 $ 103.0 $ 254.8 $ 163.8 Adjusted EBITDA $ 171.1 $ 112.5 $ 118.1 $ 283.6 $ 193.8 Adjusted EBITDA Margin 44% 36% 36 % 40% 33 % Percentage Changes: Sa
Slide 7: Engineered Wood Products
Engineered Wood Products Dollar amounts in millions Q2 2018 Q1 2018 Q2 2017 YTD 2018 YTD 2017 Sales $ 109.1 $ 100.7 $ 94.2 $ 209.8 $ 176.3 Operating incomea $ 8.6 $ 2.8 $ 5.3 $ 11.4 $ 6.1 Adjusted EBITDA $ 13.0 $ 7.3 $ 9.1 $ 20.3 $ 13.8 Adjusted EBITDA Margin 12% 7% 10 % 10% 8% Percentage Changes: S
Slide 8: South America
South America Dollar amounts in millions Q2 2018 Q1 2018 Q2 2017 YTD 2018 YTD 2017 Sales $ 45.3 $ 42.4 $ 38.7 $ 87.7 $ 76.5 Operating incomea $ 9.6 $ 8.9 $ 5.5 $ 18.5 $ 10.6 Adjusted EBITDA $ 11.9 $ 11.2 $ 7.7 $ 23.1 $ 15.0 Adjusted EBITDA Margin 26% 26 % 20 % 26% 20 % Percentage Changes: Sales 7% 1
Slide 9: Balance Sheet and Other Statistics
Balance Sheet and Other Statistics Dollar amounts in millions June 30, December 31, 2018 2017 Cash $ 1,000.9 $ 928.0 Accounts receivable $ 162.3 $ 142.5 Inventory $ 286.4 $ 259.1 Property, plant and equipment, net $ 946.6 $ 926.1 Accounts payable $ 211.1 $ 237.1 Debt $ 375.7 $ 375.9 Capital expendit