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International Paper Reports 1Q 2024 Results

Net sales in 1Q 2024 were $4.619 billion, up slightly from $4.601 billion in 4Q 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported first quarter 2024 financial results. Net sales in 1Q 2024 were $4.619 billion, up slightly from $4.601 billion in 4Q 2023 and down from $5.02 billion in 1Q 2023. Free cash flow was $144 million in 1Q 2024, down from $187 million in 4Q 2023 and up from $4 million in 1Q 2023. “International Paper made progress executing our strategic initiatives in the first quarter,” said Mark Sutton, chairman and CEO. “We saw commercial benefits from our busi...

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