International Paper reported 3Q 2016 net earnings attributable to International Paper of $312 million, compared with net earnings of $40 million in the 2Q 2016 and net earnings of $220 million in the 3Q 2015. Quarterly net sales were $5.3 billion in the 3Q 2016, compared with $5.3 billion in the 2Q 2016 and $5.7 billion in the 3Q 2015.

包装纸&板

International Paper 3Q net sales down to $5.3 billion

International Paper reported 3Q 2016 net earnings attributable to International Paper of $312 million, compared with net earnings of $40 million in the 2Q 2016 and net earnings of $220 million in the 3Q 2015.

Adjusted operating earnings in the 3Q 2016 totaled $380 million, compared with $379 million in the 2Q 2016 and $407 million in the 3Q 2015.

Quarterly net sales were $5.3 billion in the 3Q 2016, compared with $5.3 billion in the 2Q 2016 and $5.7 billion in the 3Q 2015. The year-over-year revenue decline was primarily due to the sale of the IP-Sun joint venture and the Asian Corrugated Packaging business, as well as the sale of the Carolina® Coated Bristols business.

"I'm pleased with our strong cash generation this quarter despite an uneven global economy and rising input costs," said Mark Sutton, Chairman and CEO. "We continue to see stable to improved market demand across most of our businesses, particularly North American Industrial Packaging. We have begun to implement the NA containerboard and box price increases and we remain focused on a fourth quarter close of the Weyerhaeuser pulp business acquisition. These key efforts, along with others, will increase shareholder value and give us confidence in our continued ability to generate strong and sustainable cash from operations and free cash flow."

International Paper is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, Asia and Russia.