Receive a complete Daily History of this Stock You can receive a complete daily file of this issue since 1970 or stock inception. We will email you the file in ASCII format within a few hours or ordering. Product Details | Order

Business Description
International Paper Company (IP) is a global forest products, paper and packaging company that is complemented by an extensive distribution system, with primary markets and manufacturing operations in the United States, Canada, Europe, the Pacific Rim and South America. At year-end 2003, the Company also owned or managed approximately 8.3 million acres of forestlands in the United States, mostly in the South, approximately 1.5 million acres in Brazil and had, through licenses and forest management agreements, harvesting rights on government-owned forestlands in Canada and Russia. Through Carter Holt Harvey, a company that is approximately 50.5% owned by IP, the Company operates five mills producing pulp, paper, packaging and tissue products, 23 converting and packaging plants and 72 wood products manufacturing and distribution facilities, primarily in New Zealand and Australia. In New Zealand, Carter Holt Harvey owns or leases approximately 795,000 acres of forestlands.

Financial Information
For the nine months ended 9/30/04, revenues rose 6% to $18.95 billion. Net income from continuing operations and before accntg. change rose 24% to $321 million. Revenues reflect higher sales at the Forest Products, Carter Holt Harvey, Printing Papers, and Packaging businesses. Net income also reflects increased gross margins due to an improved pricing environment.