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First quarter cash provided by operations was $588 million.
April 29, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper reported first quarter 2022 financial results. The company reported 14% year-over-year revenue growth and first quarter cash provided by operations of $588 million. Net sales in the first quarter of 2002 were $5,237 million, up from $5,086 million in 2021. Busi-ness segment operating profit was $348 million, down from $415 million in 1Q 2021. “International Paper’s earnings in the first quarter were better than our outlook. We generated strong cash from oper...
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