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15.05.25 - 22:18
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Sylvamo Announces Dividend (Business Wire)
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MEMPHIS, Tenn.--(BUSINESS WIRE)--$SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2025, to Sept. 30, 2025. The dividend is payable July 29, 2025, to holders of record at the close of business July 8, 2025.
About Sylvamo
Sylvamo (NYSE: SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2024 were $3.8 billion. For more information, please visit Sylvamo.com.
Contacts
Investors: Hans Bjorkman, 901-519-8030, hans.bjorkman@sylvamo.comMedia: Adam Ghassemi, 901-519-8115, adam.ghassemi@sylvamo.com...
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09.05.25 - 13:06
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Sylvamo Delivers Results In Line With Outlook, Well Positioned With Strong Balance Sheet (Business Wire)
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MEMPHIS, Tenn.--(BUSINESS WIRE)--$SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing first quarter 2025 earnings.
Financial Highlights – First Quarter vs. Fourth Quarter
Net income of $27 million ($0.65 per diluted share) vs. $81 million ($1.94 per diluted share)
Adjusted operating earnings1 of $28 million ($0.68 per diluted share) vs. $82 million ($1.96 per diluted share)
Adjusted EBITDA2 of $90 million (11% margin) vs. $157 million (16% margin)
Cash provided by operating activities of $23 million vs. $164 million
Free cash flow3 of $(25) million vs. $100 million
Commercial and Operational Highlights – First Quarter vs. Fourth Quarter
Price and mix was unfavorable by $10 million, driven by paper price decreases in Europe and in our Brazilian export regions, as well as seasonally unfavorable mix in Latin America
Volume decreased by $30 million due to the seasonally weakest demand quarter in Latin America, lower volume from our exit of the supply agreement with Inter...
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16.04.25 - 14:57
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Sylvamo Announces CEO, CFO Transition Plan (Business Wire)
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MEMPHIS, Tenn.--(BUSINESS WIRE)--$SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is announcing Jean-Michel Ribiéras, chairman and chief executive officer, will retire Dec. 31.
John Sims, who currently serves as senior vice president and chief financial officer, has been elected chief operating officer by the company's board of directors, effective May 1. As COO, Sims will lead commercial and operational functions, while Ribiéras continues to lead corporate functions until his retirement. Sims will then become Sylvamo's next CEO Jan 1, 2026.
Don Devlin has been elected senior vice president and CFO to succeed Sims, effective May 1. Devlin joins Sylvamo from International Paper, where he held numerous leadership and finance positions, most recently serving as vice president, transformation and strategy deployment.
“I would like to thank Jean-Michel for his leadership in building Sylvamo, the world's paper company, into what it is today. We are very pleased with the compa...
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09.04.25 - 14:03
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Sylvamo to Release First Quarter Earnings May 9 (Business Wire)
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MEMPHIS, Tenn.--(BUSINESS WIRE)--$SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release first quarter earnings before the market opens Friday, May 9.
The company will host an audio webcast at 10 a.m. EDT at investors.sylvamo.com.
Those who want to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 6289099.
Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 6289099.
About Sylvamo
Sylvamo (NYSE: SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2024 were $3.8 billion. For more informati...
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06.04.25 - 21:18
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XFRA: DIVIDEND/INTEREST INFORMATION - 08.04.2025 - US8713321029 (XETRA)
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Das Instrument 88L US8713321029 SYLVAMO CORP. DL 1,00 EQUITY wird cum Dividende/Zinsen gehandelt am 07.04.2025 und ex Dividende/Zinsen am 08.04.2025
The instrument 88L US8713321029 SYLVAMO CORP. DL 1,00 EQUITY has its pre-dividend/interest day on 07.04.2025 and its ex-dividend/interest day on 08.04.2025...
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04.04.25 - 11:06
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Sylvamo Announces Senior Leadership Changes (Business Wire)
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MEMPHIS, Tenn.--(BUSINESS WIRE)--$SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is announcing senior leadership changes.
Oliver Taudien, senior vice president and general manager, Europe, is leaving the company after a transition period. He has been with Sylvamo since its inception as a spinoff of International Paper in 2021. During his 27-year career, he held numerous leadership roles in finance and strategy, information technology and general management.
Shawn Lawson will become senior vice president and general manager, Europe, effective May 1. She joins Sylvamo from International Paper, where she held positions of increasing responsibility over the last 20 years, most recently serving as vice president and general manager, European Packaging.
“I appreciate Oliver's many contributions and his leadership in establishing Sylvamo in Europe,” said Jean-Michel Ribiéras, chairman and chief executive officer. “I am excited to welcome Shawn, who will help us continue to purs...
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12.02.25 - 13:06
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Sylvamo 2024 Earnings Per Share Increases 21%, Adjusted Operating Earnings Per Share Up 14% as Company Generates Strong Cash Flow (Business Wire)
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MEMPHIS, Tenn.--(BUSINESS WIRE)--$SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing fourth quarter 2024 earnings.
Financial Highlights – 2024 Full Year vs. 2023 Full Year
Net income of $302 million ($7.18 per diluted share) vs. $253 million ($5.93 per diluted share)
Adjusted operating earnings1 of $312 million ($7.42 per diluted share) vs. $278 million ($6.51 per diluted share)
Adjusted EBITDA2 of $632 million (17% margin) vs. $607 million (16% margin)
Cash provided by operating activities of $469 million vs. $504 million
Free cash flow3 of $248 million vs. $294 million
Additional Highlights – 2024 Full Year
Achieved 23% return on invested capital4
Reinvested $221 million in capital expenditures
Paid $154 million in debt, ending the year with $591 million in net debt
Paid dividends totaling $62 million
Repurchased approximately $68 million of our common stock, resulting in 40.6 million shares outstanding as of Dec. 31
Financial Highlights – Fourth Quarter vs. Thi...
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