International Paper announced
First Quarter 2025 results, although fell short of sales targets presumably due to softer market demand. Despite economic uncertainty, the company continues to pay
quarterly dividends, announcing a fresh $0.4625 payout. There was an extensive review of their operations, leading to the restructuring of their footprint along the US-Mexico border, facility closures, and a workforce cut of 1% globally. The company also increased its
Midwest presence with a
$200M sustainable packaging plant in Iowa. The leadership has also seen changes and has hinted at significant growth initiatives. There was significant activity with
DS Smith with the completion of their merger, executive shuffling, and the outlining of integration plans.
International Paper's stock increased by 7.21% on the day and showed impressive resilience. The company's European operations saw a divestiture of five corrugated box plants to satisfy regulatory commitments from the DS Smith acquisition. Their Community Relations in North America and Global Cellulose Fiber Business have also experienced revisions. Aside from that, the firm is exploring strategic options involving its global cellulose fibers business.
International Paper IP News Analytics from Fri, 11 Oct 2024 07:00:00 GMT to Wed, 14 May 2025 18:21:28 GMT -
Rating 4
- Innovation 8
- Information 5
- Rumor -2
