International Paper Company (IP) Earnings Call Transcripts
International Paper Company's Latest Earnings Call - November 3, 2026
In the Q3 2026 earnings call for International Paper Company, management provided a detailed overview of their ongoing transformation and strategic initiatives following the spin-off of DS Smith. Revenue for the quarter is projected to be slightly lower year-on-year due to deliberate product portfolio choices, with adjusted EBITDA guidance set between EUR 730 million and EUR 780 million, reflecting a margin range of 9% to 9.7%. Management emphasized their focus on cost-saving measures, projecting EUR 480 million in total savings by the end of 2027, with EUR 200 million already realized by the end of 2026, indicating a strong commitment to improving profitability despite a challenging market backdrop.
Reported metrics
| Metric | Value |
|---|---|
| Cost Savings Target | EUR 480 million (positive) |
| Revenue Guidance | slightly lower year-on-year (negative) |
| Hedged Natural Gas Consumption | 50% (null) |
Guidance from management
Management expects adjusted EBITDA for 2026 to be between EUR 730 million and EUR 780 million, with a focus on achieving EUR 480 million in total cost savings by the end of 2027. The guidance reflects a challenging market backdrop but indicates confidence in operational improvements and customer retention strategies.
What management said
Thank you. To bring our transformation to life, I have with me two of our regional MDs. So I have Ana Soldo, who is our MD for East EMEA, and I have James Lomax, MD for U.K. and Ireland. Individually, each of them have about 8 to 10 years of experience at DS. Smith, but more like 20 to 25 years' experience in the industry. I'll let them introduce themselves in a little bit more detail. Ana, do you want to start.
Good afternoon. I'm Ansaldo coming from Crisa. And I'm Regional Managing Director of East EMEA. Stefano already highlighted our countries from Hungary until Bulgaria, and we also have export to Albenia, Coso and Montenegro. We have more than 3,000 employees, 13 sites, and I'm very familiar with the culture of our people and more or less all of the languages. I have more than 25 years of experience in packaging, paper...
What analysts pressed on
Analysts expressed concerns about the potential impact of high energy prices on profitability and the ability to pass through costs to customers. There were also questions regarding the sustainability of margins in a volatile market and the effectiveness of the company's transformation efforts in maintaining customer relationships during significant operational changes.
Main topics on the call
- Cost Savings Initiatives — Management highlighted a significant focus on cost-saving measures, projecting total savings of EUR 480 million by the end of 2027, with EUR 200 million already realized by the end of 2026. "We expect our run rate at the...
- Adjusted EBITDA Guidance — Adjusted EBITDA for 2026 is expected to be between EUR 730 million and EUR 780 million, reflecting a margin range of 9% to 9.7%. This guidance accounts for the challenges posed by energy price volatility and the lag in p...
- Revenue Outlook — Management indicated that revenue is expected to be slightly lower year-on-year due to a focus on margin over volume and a softer demand environment. "In 2026, we expect revenue to be slightly lower year-on-year as a res...
- Market Growth Projections — Management remains optimistic about market growth, projecting a 1% to 2% growth rate in the medium term driven by GDP and e-commerce trends. "We believe those 4 things combined support 1% to 2% growth in the medium term....
Read the full International Paper Company transcript (November 3, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About International Paper Company
International Paper Company (IP) is a publicly listed company in the Containers and Packaging industry, within the Materials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 78 calls on record spanning January 30, 2020 to November 3, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 78 International Paper Company earnings call transcripts on record, spanning January 30, 2020 to November 3, 2026. Based on this history, International Paper Company reports quarterly. The most recent call on file is dated November 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- IP
- Exchange
- NYSE
- Country
- US
- Sector
- Materials
- Industry
- Containers and Packaging
- Calls on record
- 78
- First call
- January 30, 2020
- Most recent
- November 3, 2026
- Reporting cadence
- quarterly