Sylvamo Reports Q1 Earnings with Adjusted EBITDA Drop Amid Operational Issues
Sylvamo reported a significant drop in adjusted EBITDA for Q1, falling to $29 million from $125 million in the previous quarter due to price/mix issues, lower volume, higher input costs, and operational problems. Management noted that free cash flow was also affected but expects stronger performance later in the year.
Topics: earnings ebitda decline operational issues tariff changes