Feed - Buzzberg

14:00
Jul 30 ◎

IP FY2026 Q2 Watch

International Paper Company (IP) FY2026 Q2 Earnings Call

IP ▾

Andy Silvernail

Guidance remains positive with a significant step-up expected in H2 2026, driven by price realization, cost-out initiatives, and the Riverdale ramp, despite macro headwinds from inflation and geopolitical conflict. The long-term outlook is maintained, though management is cautious about near-term demand.

"We delivered first half adjusted EBITDA of $902 million and continue to expect a significant step up in the second half of this year."

IP WATCH

MED

14:00
Apr 30 ◎

IP FY2026 Q1 Watch

International Paper Company (IP) FY2026 Q1 Earnings Call

PKG WRK SMFZY MONTF IP ▾

Andy Silvernail

IP says the US containerboard paper market is 'very tight' and they are 'modestly short' on paper, buying in the open market ahead of the Riverdale conversion, while export markets have been a leading indicator of tightness. — Indicates near-term pricing power for the industry; IP's own short position before Riverdale conversion ramps suggests competitors and suppliers may have negotiating leverage for the next two quarters.

"the paper market in the U.S. is very tight."

PKG WATCH WRK WATCH SMFZY WATCH

Andy Silvernail

In EMEA, fourth-quartile containerboard assets are likely under cash cost due to fossil-fuel dependence and the energy price shock, prompting temporary shutdowns and furloughs, though not a mass closure event. — Prolonged energy price pressure could accelerate capacity rationalization in Europe, benefiting integrated producers with low-cost, energy-efficient assets.

"That fourth quartile is very likely under cash cost right now, so you're actually, you're seeing that, you're seeing small pieces of action relative to that, whether it's temporary shutdowns, furloughs, you're seeing a few closures that"

MONTF WATCH

Andy Silvernail

Guidance was lowered for both North America and EMEA due to macro headwinds, weather, and performance misses. Management expects a significant step-up in second-half results driven by pricing, cost-out, and maintenance timing normalization.

"While earnings came in below our expectations, we must control what we can control. We are laser-focused on accelerating cost reductions in both regions"

IP WATCH

HIGH

15:00
Jan 29 ◎

IP FY2025 Q4 Watch

International Paper Company (IP) FY2025 Q4 Earnings Call

IP ▾

Andy Silvernail

Management expresses confidence in its trajectory for 2026 and beyond, citing strong commercial momentum, market share gains, and significant cost-out benefits. The spin-off of the EMEA business is framed as an accelerant to unlock value.

"This is an important and a very exciting day for International Paper. The decision to split into two public companies to build two powerhouses..."

IP WATCH

HIGH

Feed — Buzzberg