Sylvamo Q2 Earnings Call Highlights
Sylvamo reported second-quarter adjusted EBITDA of $60 million, more than double the $29 million from the first quarter, following uncoated freesheet paper price increases across its regions. Adjusted operating earnings were $0.03 per share, and free cash flow was negative $23 million, a $36 million sequential improvement.
Why it matters — A SLVM watcher would care because the quarterly EBITDA more than doubled due to price increases, while free cash flow improved significantly from the prior quarter.