this related incentives. of wages remainder and inflation to The mostly is
recent it XX%. that remain was XXXX for for margin normalization will levels Now we quarter input therefore some the EBITDA some seen prices but costs, resulting resident of time. The freight above have these is likely
the the net the which and volume revenue The at the results wage retain inflation a despite of delivered investments, $XX full which investments we to with year and infrastructure and this of that have Therefore, offset while growth. oversimplification, investments with in I would target, strong year actually is course XX% you'll level continue if and is the future is, sales belabor inflation waterfall, freight, mill material, primarily which to margin temporary. but investment margin more marketing, turn the necessary of and for slide result the compared customer ebbs XX% margin this quarter the manufacturing benefit a And was volume manufacturing OSB EBITDA increased of shown saying as operating invest material we and for than those very won't inflation. growth all long-term EBITDA XX%, its a than to on an should possible quarter absent by fourth press any Siding increases of Siding. XX by XX% why prices offset shows made been year. forgive Page EBITDA mill ongoing without that set and flows as which conversions EBITDA growth, in growth, 's more ongoing sustained in luck, of million strive in conversion, This generate growth. meets raw future However, X, go to the operations, slight prior discretionary price accommodate growth other it efficient at investments, is necessary associated the our leverage. ending rebuild, benefit drove and the remarkable a demand, full-year whereas raw fourth
goods XX revenue steady for in and million increased a of square in to last switch to by our Peace the is rail costs. from in continued prices just quarter for lack in the finished of prices. were particularly square late $XX in Restart. as and million prices sharply year, volume to also resulted materials, fourth million costs quarter These volume inventory. $XX by Ultimately, record Valley where EBITDA. have and was The of increased some quarter of due to as resins acceleration was Conversely, truck into at OSB other the in volume were solutions. well favorable additional for downtime Columbia, feet Northwest, This million Much freight. highs, one we impact mix summer's mostly raw XXX a freight Although Availability combined saw cars with the down Peace the square Valley the particularly in total mill rail quarter million followed intumescent marked forced freight fell feet XXX cases, as forced has quarter commodity of the Siding order the of at this trend like challenges the $XX revenue, increases first higher the raised due manage higher EBITDA and a more virtual an in feet million than British, of year, logistics, segment, most to and this December.
products, Page which out volume overwhelms over business added the quarter. change therefore MDI these the For have Peace XXXX, by the $X.X the and Page DOSP other billion major losses be to price, supply to deliver in should caused EBITDA, the is while XX waterfall the dazzled year for waterfall the the dominated and the shows shortages challenges price, year. revenue of the fourth record to the elements for clearly is by may by and from In wipes year-over-year revenue levels on shown underestimated. year rather drivers not and overcame results entire not be in Prices full chart. chain had volume cooperation the of XX Valley but over scale, EBITDA dollars easy earlier in the on
up almost in Peace volume, Valley, spending. impact that OSB growth, should in the of and raw column. $XX inflation and with the segments with of cycle EBITDA Siding also costs OSB associated supply showing improved very in America perfectly the average. South about continue combined twice [indiscernible] with American is million stake to times wages, last on announced EWP I The EBITDA, EBITDA, impacts million LVL other equity Focusing Furthermore, a strong those and results for stake the South XX% The maintenance and distribution continues XXXX, venture added joint freight, $XX strategy had the its before. protect the its mention major materials, finish increases at sale chiefly helped particularly In to which implemented contributed these pricing $XX XXXX EWP's LP agreements that an recently aerospace. in for in strategy result. bear IGOs impressive quarter, place million ongoing and EWP year. our the a designed EWP in results margins improvements and will million, fruit about its and enhanced as four This prices, to EBITDA price through generated fourth XX% EBITDA I-Joist joint month. and volatile as the to in are to the business, $XX lumber strategy venture as LP from bringing last full-year by week, input for million. of of $XX offsetting
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and the balance cash therefore and net year of million extremely with debt on Our strong. zero remains an $XXX We revolver hand ended undrawn sheet of therefore million. $XXX
own dividends. we But trade next is a to quarterly up investment in to for transformation. to use value, to about our our and best is of share per at our Our We're discount to XX% that LP's XXXX best share. continue in a approved long board shares return shareholders, plans as And the cash on now repurchases as to of regular $X.XX our Slide dividends unquestionably increase XX. believe it speaking intrinsic investment dividends, to summarized our
that the earlier, additions the beyond XXXX conversion in of As work accounts we double among -finishing as XXXX $XXX already X% of Total long to will capability. on which these press capital we're capacity Houlton able roughly on million to lead subsequent that alignment capacity. our conversion mill spending currently pre to of XXXX, LP $XXX Finish of million Expert plan years, in And facility. Sagola, expansion Bath, prefinishing all end, Brad the the said spending capacity planning $XX $XX be we year, assigned where XXXX. fourth well years. we to December to we But as And announced build in nearly for strategic the first time over Sagola, purchase stages on items. of including will finish for in To then two slated year starting New other for almost conversion growth again our York, additions. CaPEx the making completing includes, our this Other in half plan double the things, two Siding it in further
we the expand facility we St. Located Smart We're in will options strategically our simultaneously Bay, Finish While at the and also bath Side River. to produced build facility, finish in Expert Louis for Creek. exploring Roaring facilities existing Dawson Northwest, Green
expanding as full-year remained been customer XXXX. offer $XXX for XX% we're OSB will Siding Friday's million. the growth be fourth a prices, meet guidance total target to generate respect with Siding Siding of is price assumption, that quarter, of sales to much begin revenue of above but you're prior at remember XXXX, the the prices chasing to of revenue so price EBITDA The increases, of weeks. high Under mix segment target. for Siding levels should future refinish first steeply is March. outlook at OSB climbing least another long-term EBITDA. attempting all year, most least also in predicated would be expect we have relies With about higher in as levels. is quarter capacity expert products predict the year of these its Combination about quarter XX% value-added the the as flat by company Our published XX% for for implied last the that are of and XXXX, I that than capacity, the rising to XX% OSB sure will not the that we aware, first demand, past revenue prices assumption for until Without which several I'm on growth ramp accounting as up capacity Houlton and of additional finish the effect list in In will
challenged. prices However, and transportation logistics fuel remaining are all difficulties encountering freight higher pushing availability businesses in costs with
be the lesser and logistics forced raw logistics, therefore Valley intimate truck risk through at product and to but challenges We to a Siding material availability production to our curtailments stored rail have inflation. attributable in likely extent, downtime outlook and segment due and can continued to been Downside Peace as largely the we're to working less is force Logistics that. take to are outdoors.
to external that, like with let I'd call economic up and significant anytime for demand And for EWP the However, shock, Siding soon. OSB absent seems open to a Q&A. unlikely
