SOURCE: Industrial Info Resources

Industrial Info Resources

October 31, 2011 06:30 ET

International Paper Attributes 3Q11 Profits to Cost Management Performance, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Oct 31, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- International Paper Company (NYSE:IP) (Memphis, Tennessee) reported strong third-quarter net earnings from continuing operations attributable to common shareholders totaling $518 million, or $1.19 per share ($0.92 excluding special items), including record profit levels in North American Coated Paperboard and solid results in emerging markets. The company improved earnings and cash flow in the quarter with superior operational, outage and cost-management performance.

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