Sylvamo Q4 2024 Earnings Report

Key Takeaways

Sylvamo reported Q4 2024 net income of $81 million with adjusted operating earnings of $82 million. Revenue reached $970 million, while free cash flow was $100 million. The company faced pricing pressures in Europe but benefited from improved volumes in Latin America.

Total Revenue

$970M

Previous year: $964M

+0.6%

EPS

$1.96

Previous year: $1.16

+69.0%

Adjusted EBITDA

$157M

Previous year: $117M

+34.2%

Cash Provided by Operating Activities

$164M

Previous year: $167M

-1.8%

Free Cash Flow

$100M

Previous year: $104M

-3.8%

Cash and Equivalents

$205M

Previous year: $280M

-26.8%

Free Cash Flow

$100M

Total Assets

$2.6B

Previous year: $2.87B

-9.3%

Sylvamo Revenue

Sylvamo EPS

Sylvamo Revenue by Segment

Sylvamo Revenue by Geographic Location

Forward Guidance

Sylvamo expects earnings to improve throughout 2025 with seasonally stronger demand, implemented price increases, and reduced maintenance costs in the second half of the year.

Positive Outlook

Projected adjusted EBITDA of $85M to $105M in Q1 2025
Price increases in North America and Brazil to offset declines in Europe
Expected lower maintenance outage expenses in the second half of the year
Continued investments in high-return capital projects to enhance capabilities
Structural cost reduction initiatives yielding significant savings

Challenges Ahead

Price and mix expected to decrease by $10M to $15M due to declines in Europe and Brazil
Seasonally weak Q1 demand expected in Latin America
Volume projected to decline by $20M to $25M due to seasonality and the Georgetown mill exit
Operating costs expected to remain stable or increase by up to $5M
Planned maintenance outage expenses to increase by $15M