---
schema_version: "secwatch.filing_event.v1"
accession: "0001856485-22-000036"
form_type: "8-K"
ticker: "SLVM"
cik: "0001856485"
company_name: "Sylvamo Corp"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:57:57.847390+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sylvamo Q3 net income $109M, div up to $0.25, sells Russia for $420M, buys Sweden mill

## Summary
- Net income from continuing ops $109M ($2.44 diluted EPS) vs $84M in Q2 2022; revenue $968M, up from $912M.
- Adjusted EBITDA $216M (22.3% margin); free cash flow $114M vs $39M in Q2.
- Board approved quarterly dividend increase to $0.25/share, payable Jan 25, 2023 to record Jan 4.
- Completed sale of Russian ops for $420M, netting ~$390M cash; reduced gross debt to <$1B, leverage <1.5x.
- Agreed to acquire Nymolla mill in Sweden for ~€150M ($150M); expected to close Q1 2023, accretive with >$20M synergies.

## SEC filing metadata
- accession: 0001856485-22-000036
- form_type: 8-K
- ticker: SLVM
- cik: 0001856485
- company_name: Sylvamo Corp
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856485/000185648522000036/0001856485-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856485/000185648522000036/syl-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856485-22-000036
- JSON: https://secwatch.observer/filing/0001856485-22-000036.json
- Plain text: https://secwatch.observer/filing/0001856485-22-000036.txt

## Key facts
- Earnings Releases
  Sylvamo Corp reported the fiscal quarter ended September 30, 2022 results: net income $109 million, EPS $2.44 per diluted share. Guidance initiated.
  - Period: the fiscal quarter ended September 30, 2022
  - Net income: $109 million
  - EPS: $2.44 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Net income from continuing operations of $109 million ($2.44 per diluted share) compared with $84 million ($1.89 per diluted share) in the second quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856485/000185648522000036/0001856485-22-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.