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Full-year sales were $18,916 million, down from $21,161 million in full-year 2022.
February 2, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper reported full-year and fourth quarter 2023 financial results. Net sales were $4,601 million in 4Q 2023, which were flat from 4Q 2022. Full-year sales were $18,916 million, down from $21,161 million in full-year 2022. Free cash flow for the full year was $692 million. Full-Year and Fourth Quarter 2023 Highlights: • Full-year net earnings (loss) of $288 million ($0.82 per diluted share); Fourth quarter net earnings (loss) of $(284) million ($(0.82) per diluted share); Fu...
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