International Paper

At the Jefferies conference, International Paper presented a realignment toward its North American packaging business and is preparing the spin-off of its European operations. Management emphasized restructurings, asset sales and reinvestments to improve costs and reported about $700m of EBITDA improvement in North America from cost cuts. Capex remains high for now at 9–9.5% of sales, but is expected to fall to around 7.5% long term; demand is likely to remain subdued through 2027, while price adjustments and tighter supply should support margins. Material risks include volatile energy, diesel and old-paper prices, while the company continues to focus on productivity, commercial discipline and customer service. » Mere på de.investing.com

International Paper will add Katherine Collins and Lori J Ryerkerk to its board effective 1 October 2026. Collins brings 30+ years in asset management and sustainable investing, having built Putnam's sustainable investment business and founded Honeybee Capital. Ryerkerk has 40+ years in energy, chemicals and materials, most recently as chairman, president and CEO of Celanese, and serves on several other corporate boards. Two current directors, Dr Kathryn Sullivan and Ahmet Dorduncu, intend to step down at the end of 2026; the leadership changes occur amid the company's broader restructuring and recent plant closures. » Mere på finance.yahoo.com

International Paper appoints Katherine Collins and Lori J. Ryerkerk to the board of directors effective October 1, 2026, bolstering expertise in sustainable investing as well as energy, chemicals and specialty materials. Dr. Kathryn Sullivan (since 2017) and Ahmet Dorduncu (since 2011) will leave the board at the end of 2026. CEO Andy Silvernail calls the additions a support for the company’s ongoing transformation. » Mere på de.investing.com

International Paper will close the Carrollton South packaging plant in Carrollton, Texas by the end of the third quarter of 2026 and adjust capacities in its North American packaging business to customer demand. Customers are to be served from other sites in the region. Affected employees will receive severance, continued benefits and support for job transition; the company highlights its 16-year run of uninterrupted dividend payments and a current dividend yield of 4.92%. » Mere på de.investing.com

BofA Securities downgraded International Paper from "Buy" to "Neutral" and cut the price target from $44 to $41 after the expected rally in containerboard raw material largely occurred. Analysts see limited further upside and point to weaker market conditions in Europe, which are weighing on the EMEA business. The stock is additionally pressured by a lowered EBITDA outlook, the upcoming quiet period ahead of Q2 results on July 30, and a poor market environment caused by rising oil prices and broader index weakness. » Mere på de.investing.com