Industry News, Ink Manufacturers News, Printers News

International Paper Reports 4Q, Full-Year 2017 Earnings

Annual net sales totaled $21.7 billion in 2017 compared with $19.5 billion in 2016, with free cash flow of $2 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported full-year 2017 net earnings attributable to International Paper of $2.1 billion ($5.13 per diluted share) compared with net earnings of $904 million ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the company reported net earnings of $1.5 billion ($3.50 per diluted share) compared with $218 million ($0.53 per diluted share) in the fourth quarter of 2016. Fourth quarter and full-year 2017 net earnings included a provisional net tax benefit...

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