Memphis, Tennessee based International Paper (IP) has reported a net loss of $1.1 billion for the third quarter (Q3) of 2025, reversing a profit of $150 million in the same period of the previous year.
IP states that the result included $675 million of accelerated depreciation tied to recent mill closures. However, net sales grew to $6.22 billion in Q3 2025 from $3.98 billion a year earlier.
Chairman and CEO Andy Silvernail stated: “We delivered 28 percent sequential adjusted EBITDA improvement across both Packaging Solutions businesses, driven by price realization, cost management and lower fiber costs.
“In North America, we saw year-on-year box shipment growth in September. While demand remained soft across both regions, we took decisive actions to reshape our portfolio — exiting non-core businesses, closing facilities and reinvesting in our most strategic assets. Despite near-term headwinds, we are confident in our trajectory.”
The company closed four facilities in the US in 2025: the Red River containerboard mill in Campti, Louisiana, a recycling plant in Phoenix, Arizona, a box plant in Hazleton, Pennsylvania and a sheet feeder facility in St Louis, Missouri. This affected roughly 179 salaried employees – 1 percent of IP’s global workforce.
https://boardconvertingnews.com/international-paper-reports-1-1b-net-loss-for-q3-2025/
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