Sylvamo (US:SLVM)2025-02-12 19:36Financial Performance - Sylvamo's Adjusted EBITDA for 2024 was $632 million with a 17% margin[11] - The company generated $248 million in Free Cash Flow in 2024[11] - Sylvamo achieved a 23% Return on Invested Capital (ROIC) in 2024[11] - In 4Q24, Adjusted EBITDA was $157 million with a 16% margin[18] - Free Cash Flow for 4Q24 was $100 million[18] Capital Allocation and Debt Management - Sylvamo repaid $154 million in debt during 2024[11] - The company returned $130 million in cash to shareowners, representing 52% of Free Cash Flow[11] - Sylvamo's net debt-to-adjusted EBITDA ratio was 0.9x as of December 31, 2024[11] - Capital spending in 2024 totaled $221 million[11] Cost Reduction and Investments - Project Horizon exceeded its exit rate target by $34 million, achieving a $144 million exit rate in 2024[21] - Sylvamo is investing ~$145 million in the Eastover, SC mill, expecting >30% IRR[36]