earnings
confidence high
sentiment positive
materiality 0.70
RYAM reports preliminary FY2024: Adj. EBITDA $222M (+60%); tariff impact up to $3.5M/month
RAYONIER ADVANCED MATERIALS INC.
2024-FY EPS reported
-$0.59
revenue$1,630,308,000
- Net sales $1,639M (flat YoY); loss from cont. ops $43M, improved $59M.
- Adjusted EBITDA $222M (+60% YoY); margin 13.5% vs 8.5% on mix & cost savings.
- 2025 Cellulose Specialties prices projected up mid-single-digit %; volumes down due to Temiscaming suspension; revenue flat.
- Net secured leverage 2.7x (covenant 5.0x); debt reduced $73M; adjusted FCF $130M (+$77M).
- 25% tariff on Canadian exports could impact $3.5M/month; 11% of revenues exposed; company expects to cover fixed charges.