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International Paper Reports Second Quarter 2019 Results

Free cash flow was $732 million in 2Q 2019, up dramatically from $361 million in 2Q 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported second quarter 2019 financial results.   Second quarter net earnings attributable to International Paper of $292 million ($0.73 per diluted share) compared with $424 million ($1.05 per diluted share) in the first quarter of 2019 and $405 million ($0.97 per diluted share) in the second quarter of 2018.    Second quarter cash provided by operations was $1.1 billion and year-to-date of $1.8 billion, compared with $1.5 billion year-to-date in the same period of 2018.   F...

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