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There has been strong immediate demand for corrugated packaging and pulp, and significant demand decline for printing papers.
May 1, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper reported first quarter 2020 financial results. Net sales were $5.352 billion, down from $5.498 billion in fourth quarter of 2019 and $5.643 billion in 1Q 2019. First quarter net earnings (loss) attributable to International Paper was $(141) million ($(0.36) per diluted share), compared with $165 million ($0.42 per diluted share) in the fourth quarter of 2019 and $424 million ($1.05 per diluted share) in the first quarter of 2019. First quarter adjusted operating earnings (n...
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