International Paper Hosts Investor Day Conference

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International Paper hosted its Investor Day conference in New York City on Thursday 24th May 2012 as Chairman and CEO John Faraci outlined the company's global business strategy and cash flow potential for the coming years.

As the leading global provider of paper and packaging, the company detailed plans for growing its free cash flow. "The way we measure the success of our transformation is our profitability," said Faraci. "The transformation that we have made as a company over the last eight years has allowed us higher, more sustainable and less cyclical margins. The company is well-positioned in attractive markets with low-cost assets that can generate strong free cash flow and returns that exceed our cost-of-capital. Most importantly, we have the leadership and global talent to execute and drive results."

The company says it has significant earnings runway with the current portfolio and will continue to build leading positions in fiber-based paper & packaging segments in high-growth markets, as increasing cash generation enables both reinvestment and return of capital to shareholders.

SOURCE International Paper

 

Additional Info

About International Paper

International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North AmericaEuropeLatin AmericaRussiaAsia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company.

Headquartered in Memphis, Tenn., the company employs approximately 70,000 people and is strategically located in more than 24 countries serving customers worldwide.   

International Paper net sales for 2011 were $26 billion. Temple-Inland Inc., which was acquired in February 2012, had 2011 net sales of $4 billion. For more information aboutInternational Paper, its products and stewardship efforts, visit internationalpaper.com.

Media: Thomas J. Ryan, 901-419-4333; Investors: Glenn Landau, 901-419-1731; and Emily Nix, 901-419-4987

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