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Second quarter cash provided by operations of $890 million and year-to-date of $1.5 billion compared with $1.8 billion year-to-date in the same period of 2019.
August 4, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper reported second quarter 2020 financial results. Second quarter 2020 net sales were $4.866 billion, down from $5.667 billion in 2Q 2019 and $5.352 billion in 1Q 2020. Second quarter net earnings (loss) attributable to International Paper of $266 million ($0.67 per diluted share), compared with $(141) million ($(0.36) per diluted share) in the first quarter of 2020 and $292 million ($0.73 per diluted share) in the second quarter of 2019. Second quarter adjusted operating ear...
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