International Paper Reports Solid Q4 Results, Record Operating Earnings

Annual sales totaled $29.1 billion in 2013 compared with $27.8 billion in 2012. Quarterly net sales were $7.2 billion in the fourth quarter compared with $7.1 billion in the fourth quarter of 2012.

Full-year 2013 business segment operating profits were $1.8 billion compared with $2.0 billion in 2012. Business segment operating profits in the fourth quarter were $59 million compared with $528 million in 2012, both of which included special items.