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International Paper Reports 3Q 2022 Results

Net sales in 3Q 2022 were $5.402 billion, up slightly from $5.389 billion in 2Q 2022.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported third quarter 2022 financial results. Net sales in 3Q 2022 were $5.402 billion, up slightly from $5.389 billion in 2Q 2022 and up from $4.914 billion in 3Q 2021. Free cash flow was $197 million in 3Q 2022, down slightly from $204 million in 2Q 2022 and down from $519 million in 3Q 2021. Ten percent year-over-year revenue growth was based on strong price realization. Third  quarter net earnings (loss) attributable to International Paper was $951 million ($2.64 p...

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