earnings
confidence high
sentiment positive
materiality 0.80
Sylvamo FY2024 EPS up 21% to $7.18; adjusted EPS $7.42; Q1 EBITDA guidance $85-105M
Sylvamo Corp
2024-FY EPS reported
$7.18
revenue$3,773,000,000
- Full-year net income $302M ($7.18/diluted share) vs $253M ($5.93); adjusted operating EPS $7.42 vs $6.51.
- Adjusted EBITDA $632M (17% margin) vs $607M (16% margin); free cash flow $248M.
- Paid down $154M in debt; net debt $591M; returned $130M to shareholders via dividends and buybacks.
- Announced ~$145M investment over 3 years in Eastover mill to increase uncoated freesheet capacity by 60,000 tons; expected >$50M annual EBITDA add, IRR >30%.
- Q1 2025 adjusted EBITDA guidance $85-105M, well below Q4 $157M due to seasonality and maintenance outages.