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 |
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 |