secwatch.observer — SEC 8-K summary
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Issuer:     Sylvamo Corp (SLVM)
CIK:        0001856485
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001856485-26-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sylvamo Q1 net loss of $3M; adjusted EBITDA $29M, free cash flow negative $59M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856485/000185648526000014/0001856485-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856485/000185648526000014/syl-20260508.htm
  HTML page:      https://secwatch.observer/filing/0001856485-26-000014

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