Rayonier Advanced Materials (RYAM) Tops Q1 EPS by 3c

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Go back to Rayonier Advanced Materials (RYAM) Tops Q1 EPS by 3c

Rayonier Advanced Materials Announces First Quarter 2022 Results

May 3, 2022 4:30 PM EDT

Reaffirms 2022 Guidance

Reaffirms 2022 guidance of driving EBITDA growth, with expected previously announced slow start in first quarter, and a focus on capturing higher prices from strong demand, managing inflationary costs and improving reliability Cost surcharge on cellulose specialties and higher prices for other commodity products expected to offset incremental inflation Reliability and productivity expected to improve with the completion of extensive planned maintenance outages at Jesup and Fernandina facilities in April, representing four of the Companys six High Purity Cellulose... More