Sylvamo Corp (N:SLVM)

Sector:  Basic Materials Industry:  Paper Products
 
See Regulatory Filings on SEC
Company Contact
Address: 6077 Primacy Parkway
MEMPHIS TN 38119
Tel: N/A
Website: https://www.sylvamo.com
IR: See website
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Key People
Jean-Michel Ribieras
Chairman of the Board, Chief Executive Officer
John V. Sims
Chief Financial Officer, Senior Vice President
Peggy Maes
Senior Vice President, Chief People Officer
Matthew L. Barron
Senior Vice President, General Counsel, Corporate Secretary
Rodrigo Davoli
Senior Vice President, General Manager, North America
Oliver Taudien
Senior Vice President, General Manager, Europe
Thomas A. Cleves
Senior Vice President, Corporate Affairs
Patrick Wilczynski
Senior Vice President, Operational Excellence
 
Business Overview
Sylvamo Corporation is an uncoated papers company. The Company's segments include Europe, Latin America and North America. Europe segment produces a portfolio of uncoated freesheet papers for various uses and applications, and market pulp. The segment operates two integrated mills in the region, one in Saillat, France and one in Nymolla, Sweden. Latin American segment's operations is focused on uncoated freesheet paper, as well as market pulp through the ownership or management of approximately 250,000 acres of forestlands in Brazil and consists of three mills: two integrated mills in the State of Sao Paulo and one non-integrated mill in Mato Grosso do Sul. The North American segment's paper business manufactures uncoated freesheet papers at its mills in Eastover, South Carolina and Ticonderoga, New York and has offtake agreements to purchase the uncoated papers produced by International Paper's Riverdale and Georgetown mills in Selma, Alabama and Georgetown, South Carolina.
Financial Overview
For the fiscal year ended 31 December 2023, Sylvamo Corp revenues increased 3% to $3.72B. Net income before extraordinary items decreased 25% to $253M. Revenues reflect Europe segment increase of 64% to $821M, Europe, other than Russia segment increase of 64% to $821M. Net income was offset by Europe segment loss totaling $25M vs. income of $50M, North America segment income decrease of 8% to $269M.
Employees: 6,500 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,527M as of Dec 31, 2023
Annual revenue (TTM): $3,721M as of Dec 31, 2023
EBITDA (TTM): $614.00M as of Dec 31, 2023
Net annual income (TTM): $253.00M as of Dec 31, 2023
Free cash flow (TTM): $447.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $739.00M as of Dec 31, 2023
Shares outstanding: 41,461,657 as of Mar 18, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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