Thursday, February 2, 2012

International Paper Reports Q4 and 2011 Results

http://www.paperage.com/2012news/02_02_2012international_paper_earnings.html
International Paper reported preliminary full-year 2011 net earnings attributable to common shareholders totaling $1.3 billion compared with $644 million in full-year 2010. In the fourth quarter of 2011, the company reported net earnings of $257 million compared with $316 million in the fourth quarter of 2010. Amounts in all periods include special items.


Full-year 2011 earnings from continuing operations and before special items were $1.4 billion compared with $890 millionin 2010. Earnings from continuing operations and before special items in the fourth quarter of 2011 totaled $288 million compared with $296 million  in the fourth quarter of 2010.
Annual sales totaled $26.0 billion in 2011 compared with $25.2 billion in 2010. Quarterly net sales were $6.4 billion in the fourth quarter compared with $6.5 billion in the fourth quarter of 2010.
Full-year 2011 operating profits were $2.2 billion compared with $1.7 billion in 2010. Operating profits in the fourth quarter were $577 million compared with $561 million in 2010, both of which included special items.