Sylvamo (SLVM) Tops Q2 EPS by 13c

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Go back to Sylvamo (SLVM) Tops Q2 EPS by 13c

Sylvamo Second Quarter Results Show Increased Earnings and Operating Margins, Annual Guidance Raised

August 11, 2022 7:00 AM EDT

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

Message from the Chairman and Chief Executive Officer

"We saw increasing earnings and operating margins in the second quarter after a successful first quarter. We are also raising our adjusted EBITDA and free cash flow full-year guidance based on our first half of the year performance and our second half outlook," said Jean-Michel Ribiéras. "We remain committed to reducing debt, investing in high-return projects and returning cash to... More