---
schema_version: "secwatch.filing_event.v1"
accession: "0001856485-24-000003"
form_type: "8-K"
ticker: "SLVM"
cik: "0001856485"
company_name: "Sylvamo Corp"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:28:31.001037+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sylvamo Q4 adj. EBITDA $117M, FY23 free cash flow $294M, guides Q1 $105-125M

## Summary
- FY23 net income $253M ($5.93 diluted EPS); adjusted operating earnings $278M ($6.51 diluted EPS).
- Q4 net sales $964M (+7.5% QoQ) but net income $49M ($1.16 EPS) vs $58M ($1.37 EPS) in Q3.
- Operating cash flow $504M, free cash flow $294M; returned $127M to shareholders via dividends and buybacks.
- Q1 2024 outlook: adjusted EBITDA $105-125M, with price/mix expected to decrease slightly.
- Project Horizon targets $110M run rate savings by end-2024; Nymolla mill $20M synergies on track.

## SEC filing metadata
- accession: 0001856485-24-000003
- form_type: 8-K
- ticker: SLVM
- cik: 0001856485
- company_name: Sylvamo Corp
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000003/0001856485-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000003/syl-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856485-24-000003
- JSON: https://secwatch.observer/filing/0001856485-24-000003.json
- Plain text: https://secwatch.observer/filing/0001856485-24-000003.txt

## Key facts
- Earnings Releases
  Sylvamo Corp reported the fiscal quarter ended December 31, 2023 results: revenue $964 million, net income $49 million, EPS $1.16 per diluted share. Guidance initiated.
  - Period: the fiscal quarter ended December 31, 2023
  - Revenue: $964 million
  - Net income: $49 million
  - EPS: $1.16 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Net sales of $964 million vs. $897 million (7.5% increase) • Net income from continuing operations of $49 million ($1.16 per diluted share) vs. $58 million ($1.37 per diluted share)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000003/0001856485-24-000003-index.htm
- Earnings Releases
  Sylvamo Corp reported the fiscal year ended December 31, 2023 results: net income $253 million, EPS $5.93 per diluted share. Guidance initiated.
  - Period: the fiscal year ended December 31, 2023
  - Net income: $253 million
  - EPS: $5.93 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Financial Highlights – 2023 Full Year • Net income from continuing operations of $253 million ($5.93 per diluted share)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000003/0001856485-24-000003-index.htm

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