The Latest Breaking News from IP

International Paper Co (NYSE:IP) reported a first-quarter FY22 sales growth of 14% year-on-year to $5.24 billion, beating the consensus of $5.02 billion. Net sales from Industrial Packaging rose 12.1% Y/Y, Global Cellulose Fibres grew 19.3%, and Corporate and Inter-segment jumped 78%. Adjusted EPS of $0.76 beat the analyst consensus of $0.51. Business segment…