Sylvamo(NYSE) SLVM

Sylvamo Corporation makes paper for printers, copiers, and offices. It helps businesses and people create documents and books for everyday use. Its products reach customers through stores, websites, and paper distributors.

What Sylvamo Makes

• North America: Produces uncoated freesheet, a high-quality printing paper, under the Hammermill brand; net sales were $411 million in the second quarter of 2026.
• Latin America: Sells uncoated paper for office and commercial use under the Chamex and Chambril brands; net sales were $219 million in the second quarter of 2026.
• Europe: Offers printing paper through the REY and Multicopy brands for business needs; net sales were $197 million in the second quarter of 2026.
• Pulp and Fiber: Manufactures wood pulp at integrated mills for internal paper production and external customer sales.

Upgrading the Global Footprint

• Modernized the woodyard at the Eastover mill to enhance long-term operational efficiency.
• Optimized paper machines and added a new sheeter to increase production capacity for uncoated freesheet.
• Ended the Riverdale mill supply agreement in April 2026 as part of a manufacturing transition.
• Invested $110 million in capital projects during the six-month period ended June 30, 2026.

Global Manufacturing Strengths

The company operates integrated mills that produce their own pulp on-site to manufacture paper products. It maintains a distribution network spanning retail, merchant, and e-commerce channels across three continents.

By the Numbers

• Net sales were $806 million in the three-month period ended June 30, 2026.
• The company reported a net loss of $11 million in the second quarter of 2026.
• Adjusted EBITDA (non-GAAP) reached $60 million for the quarter ended June 30, 2026.
• Free cash flow (non-GAAP) was $(23) million in the second quarter of 2026.
• Cash provided by operating activities was $28 million for the six-month period ended June 30, 2026.

Bottom Line

Sylvamo is moving through a transition year by upgrading its mills and adjusting its supply chain. Its focus on manufacturing efficiency and high-return projects aims to sustain its global paper market position.