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LPX $20.49cl-$21.18 3% on rpt LP Reports Fourth Quarter and Year End 2012 Profits



NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the fourth quarter and year ended December 2012, which included the following:

Total sales for the fourth quarter of $459 million, 47 percent higher than the year ago quarter, and total sales for the year were $1.7 billion, 27 percent higher than the previous year.
Income from continuing operations for the fourth quarter was $49 million ($0.34 per diluted share) and $32 million ($0.22 per diluted share) for the year.
Non-GAAP adjusted income from continuing operations was $26 million ($0.18 per diluted share) and $49 million ($0.35 per diluted share).
Adjusted EBITDA from continuing operations for the fourth quarter was $71 million compared to a loss of $12 million in the fourth quarter of 2011. For the year, EBITDA from continuing operations was $203 million compared to a loss of $5 million the previous year.
Cash and cash equivalents were $561 million as of December 31, 2012.
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