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International Paper Reports 1Q 2021 Results

Sales were steady year over year at $5.363 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported first quarter 2021 financial results, with sales holding steady year over year at $5.363 billion and free cash flow of $423 million. First quarter net earnings (loss) attributable to International Paper was $349 million ($0.88 per diluted share), compared with $153 million ($0.39 per diluted share) in the fourth quarter of 2020 and $141) million ($0.36) per diluted share) in the first quarter of 2020. First quarter cash provided by operations was $512 million compa...

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