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Net sales were $5.643 billion and operating profit was $579 million.
April 26, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper reported first quarter 2019 financial results. Net sales were $5.643 billion and operating profit was $579 million. Free cash flow was $440 million. First quarter net earnings attributable to International Paper of $424 million ($1.05 per diluted share) compared with $316 million ($0.78 per diluted share) in the fourth quarter of 2018 and $729 million ($1.74 per diluted share) in the first quarter of 2018. First quarter adjusted operating earnings (non-GAAP) of $447 million...
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