Financial Performance - Q1 2025 - The company's sales for Q1 2025 were $5901 million, compared to $4619 million in Q1 2024[26] - Adjusted EBITDA for Q1 2025 was $769 million, compared to $420 million in Q1 2024[26] - Adjusted operating EPS for Q1 2025 was $023, compared to $017 in Q1 2024[26] - Free cash flow was negative $618 million in Q1 2025, impacted by approximately $670 million from incentive compensation and nonrecurring items[26, 29] Packaging Solutions North America - Sales for Packaging Solutions North America in Q1 2025 were $3702 million, compared to $3486 million in Q1 2024[33] - Adjusted EBITDA for Packaging Solutions North America in Q1 2025 was $554 million, compared to $389 million in Q1 2024[34] - The company anticipates approximately $309 million in EBIT for Packaging Solutions North America in Q2 2025[39] - The company expects approximately $105 billion in adjusted EBITDA for 1H'25 and $135 billion for 2H'25[41] Packaging Solutions EMEA - Sales for Packaging Solutions EMEA in Q1 2025 were $1550 million, compared to $348 million in Q1 2024[46] - Adjusted EBITDA for Packaging Solutions EMEA in Q1 2025 was $153 million, compared to $40 million in Q1 2024[47] - The company anticipates approximately $73 million in EBIT for Packaging Solutions EMEA in Q2 2025[52] - The company expects approximately $040 billion in adjusted EBITDA for 1H'25 and $060 billion for 2H'25[54] Global Cellulose Fibers - Sales for Global Cellulose Fibers in Q1 2025 were $643 million, compared to $704 million in Q1 2024[58] - Adjusted EBITDA for Global Cellulose Fibers in Q1 2025 was $68 million, compared to $7 million in Q1 2024[59] - The company expects approximately $011 billion in adjusted EBITDA for 1H'25 and $025 billion for 2H'25[64]
International Paper(IP) - 2025 Q1 - Earnings Call Presentation