Oct 28, 2015. /Lesprom Network/. International Paper reported 3Q 2015 net earnings attributable to common shareholders of $220 million compared with net earnings of $227 million in the 2Q 2015 and $355 million in the 3Q 2014.

Operating earnings were $407 million in the 3Q 2015, compared with $409 million in the 2Q 2015 and $409 million in the 3Q 2014.

Quarterly net sales were $5.7 billion in the 3Q 2015 compared with $5.7 billion in the 2Q 2015 and $6.1 billion in the 3Q 2014. Revenues continue to be negatively impacted by foreign exchange translation.

"International Paper delivered another strong performance in the 3Q, highlighted by 25% EBITDA margins in our North American Industrial Packaging business and excellent operating results from our Ilim Joint Venture," said Mark Sutton, Chairman and CEO. "We remain confident in our ability to continue to deliver consistent, robust free cash flow and create long-term shareholder value, despite a global macro environment that remains challenged."

International Paper is a global leader in packaging and paper with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa.