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International Paper Reports 3Q 2019 Results

Third quarter cash provided by operations of $882 million and year-to-date of $2.7 billion compared with $2.4 billion year-to-date in the same period of 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported third quarter 2019 financial results. Net sales were $5.568 billion in the quarter down slightly from $5.667 billion in the second quarter of 2019 and $5.9 billion in 3Q 2018. Third quarter net earnings attributable to International Paper were $344 million ($0.87 per diluted share) compared with $292 million ($0.73 per diluted share) in the second quarter of 2019 and $562 million ($1.37 per diluted share) in the third quarter of 2018. Third quarter adjusted operatin...

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