International Paper Co
BMV:IP

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International Paper Co Logo
International Paper Co
BMV:IP
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Price: 872.75 MXN Market Closed
Market Cap: Mex$18.9B

International Paper Co
Investor Relations

International Paper makes corrugated packaging, boxes, containerboard, and other paper products used to ship, protect, and display goods. It also supplies pulp and fiber-based materials that go into tissue, hygiene, and industrial products. In simple terms, it turns wood fiber into everyday packaging and paper materials that businesses need to move products through the supply chain. Its main customers are manufacturers, retailers, e-commerce sellers, distributors, and other companies that need cartons, shipping cases, and paper inputs. The company earns money by selling these products through long-term supply relationships and by charging for packaging materials that customers use repeatedly in their operations. Because packaging is tied to production and shipping, demand tends to follow the flow of goods in many industries rather than consumer brand loyalty. What makes International Paper important in its industry is that it sits close to the center of physical commerce: it provides the boxes and fiber materials that let products travel safely from factories to stores and homes. Its business depends on managing forests, mills, and converting plants, then matching packaging design and supply to customer needs. That makes it both a materials producer and a key packaging partner for companies that need reliable, large-scale shipping and protective packaging.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 30, 2026
AI Summary
Q1 2026

Results: International Paper said first-quarter earnings came in below expectations, with adjusted EBITDA of $677 million and adjusted EBIT of $188 million, even as North America showed solid volume gains.

North America: Box shipments outpaced the industry for a third straight quarter, with North American box volumes up 2.5% year over year per day versus down 0.3% for the industry.

Guidance Cut: Full-year 2026 Packaging Solutions North America EBITDA guidance was lowered to $2.35 billion to $2.5 billion from $2.5 billion to $2.6 billion, while EMEA was cut to $900 million to $1 billion from $1 billion to $1.1 billion.

Second-Half Hope: Management expects a meaningful second-half improvement, driven by pricing flow-through, planned outage timing, Riverdale conversion timing, and cost-out actions already underway.

Macro Pressure: Higher diesel, freight, OCC, energy, and weather-related costs were major headwinds, and management said overall market demand is now roughly flat for 2026.

Strategic Shift: The company highlighted major portfolio changes, including the NORPAC mill acquisition, continued footprint optimization in EMEA, and progress toward separating the North America and EMEA businesses within 12 to 15 months.

Key Financials
Adjusted EBIT
$188 million
Adjusted EBITDA
$677 million
Adjusted EBITDA margin
11.3%
Free cash flow
$94 million
North America box volumes
2.5%
North America industry demand
Approximately flat
Packaging Solutions North America adjusted EBITDA
$477 million
Packaging Solutions EMEA adjusted EBITDA
$208 million
Full-year enterprise adjusted EBITDA
$3.2 billion to $3.5 billion
North America full-year adjusted EBITDA outlook
$2.35 billion to $2.5 billion
EMEA full-year adjusted EBITDA outlook
$900 million to $1 billion
North America second-quarter adjusted EBITDA outlook
$380 million to $410 million
EMEA second-quarter adjusted EBITDA outlook
$150 million to $170 million
EMEA run-rate cost savings
More than $200 million
EMEA closures
31
Net position reductions
More than 2,800 positions
Cost savings already taken out of the system
$700 million
NORPAC return
High teens or better
North America and EMEA separation timing
12 to 15 months
Earnings Call Recording
Other Earnings Calls

Management

Mr. Timothy S. Nicholls
Senior VP & CFO
No Bio Available
Mr. Joseph R. Saab
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Mr. Thomas J. Plath
Advisor
No Bio Available
Mr. William Thomas Hamic
EVP & President of North American Packaging Solutions
No Bio Available
Mr. Andrew K. Silvernail
CEO & Chairman
No Bio Available
Michael H. Anderson
VP & Chief Information Officer
No Bio Available
Mr. Mark P. Nellessen
Vice President of Investor Relations
No Bio Available
Mr. James P. Royalty Jr.
Senior VP Containerboard & Recycling and President of Europe, Middle East & Africa
No Bio Available
Ms. Ksenia Sosnina
Senior Vice President of Europe, the Middle East & Africa
No Bio Available
Mr. Clay R. Ellis
Senior Vice President of Global Cellulose Fibers
No Bio Available

Contacts

Address
TENNESSEE
Memphis
6400 Poplar Ave
Contacts
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