Reports Q4 revenue $4.6B, consensus $4.67B. “In 2023, the International Paper team demonstrated our agility by navigating through challenging market conditions,” said Mark Sutton, chairman and CEO. “We executed well and delivered $260 million of Building a Better IP benefits, while accelerating cost reduction efforts across our operations and supply chain. Although earnings were impacted by lower demand and cost inflation, we executed strategic actions to further optimize our mill system and invest in the future growth of our packaging business. We also returned $839 million to our shareowners.”
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