Sylvamo Reports Strong Q3 2026 Results Driven by Higher Pricing and Improved Mix
Sylvamo (SLVM) reported significant financial improvement in its third quarter of 2026, with net sales reaching $645 million. The company's Adjusted EBITDA rose to $128 million, nearly doubling the previous quarter's performance due to higher sales prices and an improved product mix that offset flat volumes. Adjusted operating earnings reached $1.33 per diluted share, a substantial increase from $0.35 in Q2. The company is undergoing strategic restructuring, including a divestiture agreement for its European mills in France and Sweden via Midas Atlantic Partners. While Sylvamo faced a $284 million loss from discontinued operations due to non-cash impairment charges, it saw positive momentum in North American capacity expansions at the Eastover and Sumter facilities. Despite rising input and transportation costs, the company identified $15 million in annualized benefits through its new lean productivity program.
Tickers: $SLVM
Topics: Adjusted EBITDA Capacity Expansion Divestiture Free Cash Flow Net Sales