International Paper Co Stock Price, News & Analysis

International Paper reported first quarter 2021 earnings of $349 million ($0.88 per share), a significant increase from $153 million in Q4 2020 and a loss of $141 million in Q1 2020. Adjusted operating earnings rose to $299 million ($0.76 per share). Sales totaled $5.36 billion, driven by strong demand in the Industrial Packaging segment. However, operational cash flow decreased to $512 million from $649 million year-over-year. The company remains cautious amid the ongoing pandemic but anticipates continued demand for its products.

International Paper (NYSE: IP) will have its Chairman and CEO, Mark Sutton, speak at the 2021 Virtual Wells Fargo Industrials Conference on May 5, 2021, starting at 10:00 a.m. ET. Interested parties can access the presentation and live webcast on International Paper's website under the 'Performance' tab. A replay will be available approximately three hours after the event. International Paper is a global leader in renewable fiber-based packaging and reported $21 billion in net sales for 2020, supporting over 25,000 customers in 150 countries.

International Paper (NYSE: IP) CEO Mark Sutton will present at the 2021 Virtual Wells Fargo Industrials Conference on May 5, 2021, beginning at 9:20 a.m. ET. Attendees can access the live webcast through International Paper's website by selecting the "Performance" tab, followed by "Presentations and Events." A replay will be available approximately three hours post-presentation.

International Paper is a global leader in renewable fiber-based packaging, pulp, and paper products, operating in multiple regions and generating $21 billion in net sales for 2020.

International Paper (NYSE: IP) will announce its first-quarter earnings on April 29, 2021, prior to the NYSE opening. A webcast will follow at 10 a.m. ET to discuss earnings and market conditions. Interested parties can join via the company's website or by dialing in for a teleconference. An audio replay will be available for 90 days after the call. International Paper, headquartered in Memphis, Tenn., is a global leader in renewable fiber-based packaging, generating $21 billion in net sales in 2020, serving over 25,000 customers worldwide.

International Paper (NYSE: IP) has acquired two advanced corrugated box plants located in Spain, specifically in Madrid and Catalonia, effective April 1, 2021. The acquisition aims to enhance the company's capabilities in the corrugated packaging market, which is essential for industrial, fresh produce, and e-commerce sectors. The financial terms of the transactions remain undisclosed, but this strategic move underscores International Paper's commitment to expanding its operations in the EMEA region. The company generated net sales of $21 billion in 2020 and serves over 25,000 customers globally.

International Paper has acquired Berkley International's Molded Fiber manufacturing division, Berkley MF LLC, enhancing its sustainable packaging portfolio. The acquisition, for an undisclosed amount, aims to strengthen International Paper's position in the eco-friendly packaging market, providing a competitive alternative to single-use plastics and foam products. Berkley MF specializes in the design and distribution of custom molded fiber packaging and operates from a state-of-the-art facility in Reno, Nevada. Berkley International will continue servicing its existing customers.

International Paper Company (NYSE: IP) has elected DG Macpherson to its Board of Directors effective March 1, 2021. Macpherson, currently the Chairman and CEO of W.W. Grainger, brings extensive experience in supply chain, manufacturing, and operational management. His appointment follows a national search by the Diversified Search Group and increases the Board to 12 members. Mark Sutton, the Chairman and CEO, expressed confidence that Macpherson's diverse background will enhance the Board's strategic direction and customer experience initiatives.