Louisiana-Pacific’s OSB sales reduced by 30% in 2025 to US$832m (2024: US$1.18bn) due to a US$260m decrease in OSB prices and an US$84m reduction in volumes.

LP’s newly published annual financial results also show adjusted EBITDA for the year ended December 31, 2025, decreased year-over-year by US$291m in the OSB division, due to lower average prices and sales volumes. Adjusted EBITDA was US$7m (2024: US$298m).

The average net selling price of OSB Structural Solutions was down 19%, while commodity OSB was reduced by 26%. Unit shipments were down 10% and 8% respectively.

LP’s siding division saw annual sales increase 8% to US$1.68bn (2024: US$1.55bn), with adjusted EBITDA growing 14% to US$444m (2024: US$390m). Siding net sales increased due to higher sales volumes and selling prices.

Group-wide, LP recorded overall consolidated net sales of US$2.7bn, a decrease of US$233m on 2024. Group adjusted EBITDA was US$436m, a fall of US$252m on 2024.

LP has provided financial guidance for its expected performance in 2026. It forecasts the OSB division to reach breakeven and the siding division to record adjusted EBITDA of US$450m. Group-wide it is aiming at a consolidated adjusted EBITDA of US$430m.

LP operates 23 manufacturing facilities globally – 12 siding factories and 11 OSB production plants.

Source: wbpionline.com