International Paper Company (IP) Q1 2025 Earnings Call Transcript

International Paper Company (NYSE:IP) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET

Company Participants

Michele Vargas – Director, Investor Relations
Andy Silvernail – Chairman and CEO
Lance Loeffler – Senior Vice President and CFO

Conference Call Participants

Phil Ng – Jefferies
Mike Roxland – Truist Securities
Mark Weintraub – Seaport Research Partners
Anthony Pettinari – Citi
George Staphos – Bank of America

Operator

Good morning and thank you for standing by. Welcome to International Paper’s First Quarter 2025 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, you will have an opportunity to ask questions. [Operator Instructions]

And it is now my pleasure to turn the call over to Michele Vargas, Director of Investor Relations. Ma’am, the floor is yours.

Michele Vargas

Thank you, Krista. Good morning and good afternoon. And thank you for joining International Paper’s first quarter 2025 earnings call. Our speakers this morning are Andy Silvernail, Chairman and Chief Executive Officer; and Lance Loeffler, Senior Vice President and Chief Financial Officer.

There is important information at the beginning of our presentation, including certain legal disclaimers. For example, during this call we will make forward-looking statements that are subject to risks and uncertainties. These and other factors that could cause or contribute to actual results differing materially from such forward-looking statements can be found in our press releases and reports filed with the U.S. Securities and Exchange Commission.

We will also present certain non-U.S. GAAP financial information. A reconciliation of those figures to U.S. GAAP financial measures is available on our website. Our website also contains copies of the first quarter earnings press release and today’s presentation slides.

I will now turn the call over to Andy Silvernail.

Andy Silvernail

Thanks, Michele. Good morning, good afternoon, everybody. I’m going to start