International Paper Reports Second Quarter 2022 Results
SECOND QUARTER 2022 HIGHLIGHTS Second quarter net earnings attributable to International Paper of $511 million compared with $360 million in the first quarter of 2022 and $432 millionin the second quarter of 2021. 13% year-over-year revenue growth $65 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $105 million Cash provided by operations of $390 million, bringing year-to-date to $978 million Returned $565 million to shareholders through share repurchases of $395 million and dividends of $170 million in the second quarter, bringing year-to-date to $1.1 billion