Aug 04, 2010. /Lesprom Network/. Louisiana-Pacific Corporation (LP) has reported a 67% increase in 2Q sales to $447 million, led by higher OSB prices while U.S. housing starts increased 12% from 2Q 2009 levels. Adjusted EBITDA from continuing operations for the 2Q was $75 million compared to a $11 million loss in the 2Q 2009, the company said in a statement received by Lesprom Network. "Our results for this quarter reflect the higher OSB pricing and increased volume of shipments in all product lines compared to the same quarter last year," said Rick Frost, CEO. "Unfortunately, demand began to taper significantly in the second half of May and this weakness continued into June. Jobs, consumer confidence, inventory of vacant homes for sale and the overall state of the economy have had a downward pull on housing." For the quarter ended June 30, 2010, LP reported net sales of $447 million, an increase from $267 million in the 2Q 2009. For the 2Q, the company reported operating income of $49 million as compared to a loss in the 2Q 2009 of $32 million. For the 2Q 2010, LP reported income from continuing operations of $24 million, as compared to a loss from continuing operations of $27 million for the 2Q 2009. For the first six months of 2010, the company reported operating income of $26 million as compared to a loss in the comparable period of 2009 of $75 million. Adjusted EBITDA from continuing operations for the first six months of 2010 was $78 million compared to a $36 million loss in the first six months of 2009. For the first six months of 2010, LP reported income from continuing operations of $1 million, as compared to a loss $58 million for the first six months of 2009. Louisiana Pacific Corporation manufactures quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction.