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International Paper reports Q2 profit slump
date:Aug 01, 2012
of total Q2 2012 net sales, increased 0.2% compared to Q2 2011.

Net sales in the Flexible Packaging segment increased 19% compared to Q2 2011, driven by the addition of Delta Natural Kraft, LLC and Mid-America Packaging, LLC on 8 December, 2011.

In a conference call discussing the results, company CEO David Scheible, said the focus on pouch carton and pasta and food service has served the firm well and volume was good.

It's good but it's not great compared to where you would think we would be

12/21 23:57

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