International Paper reports Q1 results with higher sales and US$ 101 million in adjusted earnings

International Paper reported a net loss of US$ 105 million in the first quarter of 2025, equivalent to US$ 0.24 per diluted share. However, adjusted operating income (non-GAAP) was positive, totaling US$ 101 million, or US$ 0.23 per diluted share. Net sales for the period reached US$ 5.9 billion, compared to US$ 4.6 billion in the same quarter of 2024.

The net loss includes a pre-tax charge of US$ 271 million related to accelerated depreciation and restructuring costs associated with the previously announced closure of the company’s containerboard mill in Red River, located in Campti, Louisiana.

“Reflecting on my first year, I am proud of the International Paper team for embracing transformational change and achieving tremendous progress together”, said Andy Silvernail, Chief Executive Officer. “We deployed 80/20, focusing on our most valuable customers and aligning our resources accordingly. We launched key initiatives to drive step-change improvement in our performance, and invested to grow in the most attractive markets. Most recently, we welcomed our DS Smith colleagues and outlined our strategic direction at our Investor Day”, he added.

 

According to Silvernail, the first quarter results reflect higher sales and earnings, primarily driven by the DS Smith acquisition, sales price increases, and cost reductions. “We also made good progress on growing our market position in our North American packaging business. Overall market demand, however, was softer than anticipated in both of our regions. As expected, our free cash flow was temporarily impacted by transformation costs and incentive compensation payout. In this uncertain macroeconomic environment, we are focusing on actions within our control as we accelerate our 80/20 execution to drive commercial excellence and cost out across the company”, he concluded.

Check out all the company’s results here.