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International Paper said on Thursday it was shutting down four production facilities in the U.S. and laying off about 1% of its global workforce to tackle softer demand for its packaging products from e-commerce and consumer goods firms.
MEMPHIS, Tenn., Feb. 13, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC) today announced the permanent closure of the company's Red River containerboard mill in Campti, La.
David Robbie to join IP Board of Directors MEMPHIS, Tenn. , Feb. 11, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC) today announced that David Robbie has been appointed to IP's Board of Directors (the "IP Board"), effective February 11, 2025.
MEMPHIS, Tenn. , Feb. 3, 2025 /PRNewswire/ -- International Paper (NYSE:IP; LSE: IPC) and DS Smith, two of the leading producers of sustainable packaging, containerboard and pulp products, combined forces on January 31, 2025 to create a new global leader in sustainable packaging solutions, focused on the attractive North American and EMEA regions.
Creates Significant Shareholder Value and a Global Leader in Sustainable Packaging Solutions with a Focus on Attractive and Growing North American and European Regions Strengthens Customer Value Proposition Through Enhanced Offerings, Innovation and Geographic Reach Expected to Achieve Significant Synergies of At Least $514 Million EPS Accretive in Year One with a Strong Investment-Grade Balance Sheet MEMPHIS, Tenn. , Jan. 31, 2025 /PRNewswire/ -- International Paper (NYSE: IP, "IP") today announced the completion of its acquisition of DS Smith plc ("DS Smith").
International Paper Company (NYSE:IP ) Q4 2024 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Jose Maria Rodriguez Meis - VP, IR Andrew Silvernail - CEO & Chairman Mark Nellessen - North American Packaging Solutions Business Conference Call Participants Mark Weintraub - Seaport Research Partners Phil Ng - Jefferies Mike Roxland - Truist Securities Mat McKellar - RBC Capital Markets Charlie Muir-Sands - BNP Paribas Gabe Hajde - Wells Fargo Securities Operator Good morning and thank you for standing by. Welcome to International Paper's Fourth Quarter 2024 Earnings Call.
International Paper's Q4 revenues decline year over year, reflecting lower volumes in both segments, which were somewhat offset by improved pricing.
Although the revenue and EPS for International Paper (IP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
International Paper (IP) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.41 per share a year ago.
MEMPHIS, Tenn. , Jan. 30, 2025 /PRNewswire/ -- International Paper (NYSE: IP), the global leader in sustainable packaging solutions, announced that it will hold an Investor Day in New York City on Tuesday, March 25, 2025.