Welcome to our dedicated page for Sylvamo news (Ticker: SLVM), a resource for investors and traders seeking the latest updates and insights on Sylvamo stock.
Sylvamo Corp (SLVM) delivers essential paper solutions through sustainable production of uncoated freesheet and specialty papers across global markets. This news hub provides investors and industry stakeholders with timely updates on corporate developments shaping the paper manufacturing sector.
Access authoritative reporting on earnings announcements, strategic initiatives, and sustainability advancements from one verified source. Our curated collection includes press releases covering product innovations, operational updates from North American/European/Latin American facilities, and market positioning developments.
Key updates focus on Sylvamo's core competencies: cost-efficient paper mill operations, renewable resource utilization, and specialty paper applications for commercial printing and industrial converting. Monitor evolving strategies in sustainable production methods that maintain the company's competitive edge.
Bookmark this page for streamlined access to SLVM's official communications and third-party analysis. Check regularly for updates impacting paper industry dynamics and Sylvamo's role as a leader in responsible manufacturing practices.
Sylvamo (NYSE: SLVM) is suspending operations in Russia to prioritize employee safety and environmental stewardship amid the ongoing conflict in Ukraine. The company has expressed deep concern over the humanitarian crisis and announced a $250,000 donation to the International Committee of the Red Cross for Ukrainian assistance. Sylvamo will evaluate its future operations in Russia, including potential exits, while adhering to legal restrictions and sanctions. The company reaffirmed that it is not initiating bankruptcy or liquidation proceedings in Russia.
Sylvamo (NYSE: SLVM) is facing supply chain challenges that may lead to curtailing or temporarily shutting down operations at its Svetogorsk mill in Russia due to inadequate raw material supplies. This mill, which employs around 1,700 people, produces uncoated freesheet, coated paperboard, and pulp, relying on imports from Europe. Despite these challenges, Sylvamo reports strong momentum in Latin America and North America, and Russian operations accounted for roughly 15% of total revenue in 2021. The company continues to monitor the situation in Ukraine.
Sylvamo (NYSE: SLVM), the world’s paper company, will participate in a panel discussion at the BofA Securities 2022 Global Agriculture and Materials Conference on March 2-3 in Fort Lauderdale, Florida. Key executives, including CEO Jean-Michel Ribiéras and CFO John Sims, will present and discuss opportunities in the pulp and paper sector, starting March 2 at 3:50 p.m. EST. The event will be streamed online, with registration available here. The presentation will also be available on the Sylvamo investor site.
Sylvamo (NYSE: SLVM) reported fourth-quarter 2021 earnings with a net income of $62 million, or $1.41 per diluted share. Adjusted EBITDA was $170 million with a margin of 17.5%, reflecting solid commercial performances. The company generated $162 million in free cash flow, used to reduce debt by $124 million, achieving a gross debt-to-adjusted EBITDA ratio of 2.4x. For Q1 2022, adjusted EBITDA is projected between $180 million and $190 million. Despite challenges from rising input costs and labor, the company remains optimistic about growth, forecasting continued cash flow generation.
Sylvamo (NYSE: SLVM), the world’s paper company, will participate in the BofA Securities 2022 Global Agriculture and Materials Conference on March 2-3 in Fort Lauderdale, Florida. CEO Jean-Michel Ribiéras and CFO John Sims will present key insights during a panel discussion and host individual meetings. The presentation can be accessed on investors.sylvamo.com prior to the event. Sylvamo, headquartered in Memphis, employs over 7,500 individuals and reported net sales of $3.3 billion for the year ending September 30, 2021.
Sylvamo (NYSE: SLVM), the world’s paper company, will announce its fourth-quarter earnings on February 11, before the NYSE opens. Investors can participate in an audio webcast at 10 a.m. EST. To join, call +1-855-982-8078 (U.S.) or +1-469-886-1931 (international) with conference ID 7459224. Replays will be available on the company’s investor site for one year and via phone for 90 days. Sylvamo reported unaudited net sales of $3.3 billion for the 12 months ending September 30, 2021.
Sylvamo (NYSE: SLVM) announces that Jean-Michel Ribiéras has been appointed to the U.S.-Brazil CEO Forum by the United States Department of Commerce. Ribiéras aims to enhance bilateral trade and investment between the U.S. and Brazil, critical to Sylvamo's vision as a leading global paper company. With over 35 years in the industry, Ribiéras has extensive experience across multiple regions. Sylvamo operates paper mills in both countries, generating net sales of $3.3 billion as of September 30, 2021. This appointment could bolster the company's strategic interests in Latin America.
Sylvamo (NYSE: SLVM), a leading paper company, will hold individual meetings on Nov. 30-Dec. 1 at the Citi 2021 Basic Materials Virtual Conference. CEO Jean-Michel Ribiéras and CFO John Sims will present during these meetings. A presentation will be accessible at investors.sylvamo.com prior to the event. Sylvamo, headquartered in Memphis, Tennessee, employs over 7,000 people and reported net sales of $3.3 billion for the 12 months ending Sept. 30, 2021. The company operates mills in Europe, Latin America, and North America.
Sylvamo (NYSE: SLVM), the global leader in paper production, will hold individual meetings on December 2 during the Stephens 23rd Annual Investment Conference in Nashville, Tennessee.
Sylvamo (NYSE: SLVM) announces that CEO Jean-Michel Ribiéras will join the board of directors for the American Forest and Paper Association (AF&PA) starting January 1, 2022. Ribiéras, with 35 years of experience in the paper industry, emphasizes the importance of AF&PA in advocating for the industry's role in the circular economy. With net sales of $3.3 billion for the year ending September 30, 2021, Sylvamo continues to be a leader in transforming renewable resources into essential paper products, supporting education and communication worldwide.