International Paper Co.
International Paper Reports 2024 Full-Year and Fourth Quarter Results
Summary
International Paper Company reported full-year 2024 net earnings of $557 million, or $1.57 per diluted share, and adjusted operating earnings of $400 million, or $1.13 per diluted share. Full-year net sales were $18.6 billion. The reported fourth quarter net loss was $147 million, or $0.42 per diluted share, and adjusted operating loss was $7 million, or $0.02 per diluted share. Full-year and fourth quarter results included a pre-tax charge of $395 million for accelerated depreciation and restructuring charges. The company also furnished a press release as Exhibit 99.1.
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Exhibits (1)
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About International Paper Co.
International Paper Co. is a leading global producer of renewable fiber-based packaging, pulp, and paper products. Primarily serving the industrial packaging sector, the company plays a critical role in the supply chain for a variety of industries, providing essential materials for sustainable packaging solutions. Beyond industrial packaging, International Paper Co. is deeply involved in the production of pulp used in the making of personal care products, tissue, and other consumer-oriented goods. Through its expansive reach across North America, Latin America, Europe, and beyond, International Paper Co. adheres to sustainable practices, prioritizing renewable resources and environmentally friendly processes. Established in 1898 and headquartered in Memphis, Tennessee, the company is a significant player in the global forest products industry. Its commitment to sustainability and innovation helps meet the world's packaging needs while minimizing environmental impact, making it a key influencer in promoting ecological consciousness within the financial markets.
Official SEC Documents
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