Industry News

International Paper Reports 4Q, Full Year 2016 Earnings

Annual net sales totaled $21.1 billion in 2016, with free cash flow of $1.9 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported full-year 2016 net earnings attributable to International Paper of $904 million ($2.18 per share) compared with net earnings of $938 million ($2.23 per share) for full-year 2015. In the fourth quarter of 2016, the company reported net earnings of $218 million ($0.53 per share) compared with $178 million ($0.43 per share) in the fourth quarter of 2015.   Full-year 2016 adjusted operating earnings were $1.4 billion ($3.35 per share) compared with $1.5 billion ($3.65 ...

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