Boise Cascade Company reported net income of $7.6 million, or $0.19 per share, on sales of $809.9 million for the 1Q, ended March 31, 2015.

Wooden Panels

Boise Cascade reported 1Q net income of $7.6 million on sales of $809.9 million

May 15, 2015. /Lesprom Network/. Boise Cascade Company reported net income of $7.6 million, or $0.19 per share, on sales of $809.9 million for the 1Q, ended March 31, 2015.

"1Q activity was consistent with our seasonal expectations for our manufacturing and distribution businesses, and both segments delivered solid revenue growth during the quarter. Wood Products' sales and earnings benefited from strong plywood pricing in the quarter, as well as continued volume growth and improved pricing for our engineered wood products. Building Materials Distribution's gross margins faced the headwinds of a declining price environment for dimension lumber products during the quarter. Forecasts for 2015 reflect further growth in U.S. housing starts, and we remain confident in our ability to take advantage of market opportunities," stated Tom Corrick, CEO.

Boise Cascade Company is one of the largest producers of plywood and engineered wood products in North America and a leading U.S. wholesale distributor of building products.