International Paper reverses 2025 box shipment expectations

Although box shipments ticked up in September and early October, full-year volumes are now expected to be down, executives said on Thursday’s earnings call.

“The North American team is facing headwinds that we didn’t expect, but we’re being aggressive with the realities of that. We’re getting after it,” said International Paper CEO Andy Silvernail during the company’s third-quarter earnings call Thursday. “In Europe, it’s been a tough market, no doubt about it.” Specifically, “the soft market has cost more than $500 million in profit this year alone,” he said. September box shipments were up 1% year over year, and that trend continued into October, said CFO Lance Loeffler.

International Paper reverses 2025 box shipment expectations | Packaging Dive

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