Industry News

International Paper Releases 2Q 2013 Earnings

Solid results, strong free cash flow driven by expanded margins, seasonally strong volumes and good operational performance

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper (IP) reported second quarter 2013 net earnings attributable to common shareholders totaling $259 million ($0.57 per share) compared with net earnings of $318 million ($0.71 per share), in the first quarter of 2013 and $134 million ($0.31 per share) in the second quarter of 2012. Amounts in all periods include the impact of special items. Operating earnings were $288 million ($0.64 per share) in the second quarter of 2013, compared with $292 million ($0.65 per share) in ...

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