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  "documentTitle": "2025 Investor Day",
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  "authorName": "International Paper",
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      "text": "Performance Ramp Up as 80/20 Cost and Commercial Improvements Accelerate",
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      "text": "Targeted Revenue: ~$27.0",
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      "text": "Note: FY25 EPS guidance pending purchase accounting. 11 months (February - December) included for DS Smith and presented on IFRS basis combined with full year IP U.S. GAAP basis. 1 Please see Appendix at the end of this presentation as well as the Investors section of our website (www.internationalpaper.com) for more information on non-GAAP financial measures, definitions, and reconciliations to most directly comparable U.S. GAAP measures.",
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      "text": "2025 Will be a Transformational Year",
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