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Sylvamo (SLVM) - 2024 Q3 - Quarterly Results
SLVMSylvamo (SLVM)2024-11-12 12:10

Exhibit 99.1 NEWS RELEASE Sylvamo Quarterly Results Exceed Outlook, Generates Strong Free Cash Flow MEMPHIS, Tenn. – Nov. 12, 2024 – Sylvamo (NYSE: SLVM), the world's paper company, is releasing third quarter 2024 earnings. Financial Highlights – Third Quarter vs. Second Quarter • Net income of $95 million ($2.27 per diluted share) vs. $83 million ($1.98 per diluted share) • Adjusted operating earnings of $102 million ($2.44 per diluted share) vs. $83 million ($1.98 per diluted share) • Adjusted EBITDA of $ ...