Pulp & Paper News

International Paper 1Q 2014 results: operating earnings down 9% from year ago to $265 million

MEMPHIS, TN , April 30, 2014 (PRNewswire) - 

International Paper today reported a first quarter 2014 net loss attributable to common shareholders of $95 million ($0.21 per share), including a pre-tax charge of $495 million associated with the Courtland mill shutdown, compared with net earnings of $436 million ($0.98 per share) in the fourth quarter of 2013 and $318 million ($0.71 per share) in the first quarter of 2013. Amounts in all periods include the impact of special items, non-operating pension expense and discontinued operations.

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