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Net sales in 1Q 2023 were $5.02 billion, down from $5.133 billion in 4Q 2022.
April 28, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper reported first quarter 2023 financial results. Net sales in 1Q 2023 were $5.02 billion, down from $5.133 billion in 4Q 2022 and $5.236 billion in 1Q 2022. Free cash flow was $4 million in 1Q 2023, down from $439 million in 4Q 2022 and down from $403 million in 1Q 2022. “International Paper operated well in the first quarter, while navigating a challenging and dynamic macro environment,” said Mark Sutton, chairman of the board and CEO. “We successfully ...
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