Sylvamo (SLVM) Reports Q1 EPS of $0.59

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Go back to Sylvamo (SLVM) Reports Q1 EPS of $0.59

Sylvamo Releases First-Quarter 2022 Results

May 11, 2022 7:00 AM EDT

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Sylvamo (NYSE: SLVM), the worlds paper company, is releasing first-quarter 2022 earnings.

Message from the Chairman and Chief Executive Officer

We generated strong earnings and free cash flow, said Jean-Michel Ribiéras. We expect we will continue that trend and achieve pre-pandemic earnings levels, even excluding our Russian business. We have the right team to continue to service our customers and navigate input cost inflation and supply chain hurdles.

First-Quarter Highlights

Net income of $26 million ($0.59 per diluted... More