International Paper reports Q4 adjusted EPS (2c), consensus 1c

Reports Q4 revenue $4.58B, consensus $4.76B. “During 2024, we initiated our strategy to deliver profitable growth as the low-cost, most reliable and innovative sustainable packaging solutions provider for our customers,” said Chairman and CEO Andy Silvernail. “Through a disciplined 80/20 approach, we have restructured our corporate organization, added resources to the business, reduced structural costs through footprint actions and successfully piloted regional box plant optimization. In the quarter, our earnings have stabilized and we intend to accelerate earnings improvement in 2025.” “2025 will be a transformational year with disciplined execution to further reduce costs and balance our capacity to our demand,” Silvernail added. “We will continue to optimize and invest in our box plant system to deliver service excellence for our customers while actively exploring strategic options for our Global Cellulose Fibers business. We look forward to welcoming the DS Smith team into the IP family as we work together to become a global leader in sustainable packaging solutions.”