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Company reported full-year 2020 free cash flow (non-GAAP) of $2.3 billion, compared to $2.3 billion for the full-year 2019.
February 5, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
With packaging on the upswing, International Paper reported full-year and fourth quarter 2020 financial results, and anticipates strong demand for corrugated packaging and pulp going forward. The company reported that 2020 full year sales were $20.58 billion, down from $22.376 billion in 2019, although that was impacted by divestments. The company reported full-year and fourth quarter net earnings (loss) attributable to International Paper of $482 million ($1.22 per diluted share) and $153 mil...
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