earnings
confidence high
sentiment negative
materiality 0.75
Sylvamo Q1 net loss of $3M; adjusted EBITDA $29M, free cash flow negative $59M
Sylvamo Corp
2026-Q1 EPS reported
-$0.08
revenue$755,000,000
- Net loss of $3M (GAAP); adjusted EBITDA of $29M (4% margin) on lower sales volume and transition costs.
- Free cash flow negative $59M; cash used for operations $10M; CFO says H2 is heavily weighted.
- Board declared $0.45 dividend for Q2 (paid Apr 28); refinanced debt due 2027 to extend maturity.
- CEO cites Riverdale supply agreement termination, Eastover outage, and tariff-driven shift from Europe to Brazil, saving ~$20M in transition costs.
- Implementing uncoated freesheet price increases across all regions; benefits began in Q1 in N.A. and LatAm.