International Paper Reports Third Quarter Earnings
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"Our paper and packaging businesses delivered strong results, which led to record earnings," said John Faraci, chairman and chief executive officer. "We continued to realize our announced price increases, realize restructuring benefits, operate well and improve our mix of business which led to strong margin expansion. As a result, free cash flow in the quarter was outstanding. We are well positioned to generate strong results in the fourth quarter and into 2011."
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- Companies:
- International Paper
- People:
- John Faraci
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