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International Paper Reports 2Q 2022 Results

Packaging leader's net sales were $5.389 billion, up from $5.237 billion in first quarter 2022 and $4.77 billion in 2Q 2021.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported second quarter 2022 financial results. Net sales were $5.389 billion, up from $5.237 billion in first quarter 2022 and $4.77 billion in 2Q 2021. Second quarter net earnings (loss) attributable to International Paper of $511 million ($1.38 per diluted share) compared with $360 million ($0.95 per diluted share) in the first quarter of 2022 and $432 million ($1.09 per diluted share) in the second quarter of 2021. Cash provided by operations was $390 million, bring...

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