International Paper reports Q1, 2026 net earnings of $60 million

By International Paper
PRNewswire
April 30, 2026
Category: Finance & Economics
Region: United States, US East

MEMPHIS, Tennessee — International Paper announced results for the quarter ended March 31, 2026. Highlights include: Net sales of $5.97 billion Earnings from continuing operations of $76 million Adjusted EBITDA (non-GAAP) from continuing operations of $677 million Received $1.1 billion of net proceeds from the sale of the Global Cellulose Fibers business and paid down $660 million of debt. …International Paper Chairman and CEO Andy Silvernail said “We still have work to do to improve consistency and reliability, but the primary pressures this quarter came from a tougher macro environment, including ongoing inflation and the severe winter storm.” “Looking ahead,” Silvernail added, “We’re updating our outlook to reflect the volatile environment, with a strong focus on managing cost and cash flow.”

Read More