other material
confidence high
sentiment negative
materiality 0.90
International Paper plans separation into two companies; reports FY2025 loss of $2.84B on $23.6B revenue
INTERNATIONAL PAPER CO /NEW/
- Plans to create two independent, publicly traded packaging companies in North America and EMEA; separation details to follow.
- FY2025 net sales $23.63B; loss from continuing ops $2.84B including $2.47B goodwill impairment and $0.96B accelerated depreciation.
- Q4 2025 loss from continuing ops $2.36B (includes $2.47B impairment); adjusted EBITDA $758M.
- 2026 adjusted EBITDA target $3.5-3.7B; Q1 2026 target $740-760M; excludes future price realization.
- Free cash flow FY2025 negative $159M; operating cash flow $1.70B.