Sylvamo first quarter results in line with guidance

Memphis, tenn.--(business wire)---- $slvm #theworldspaperco--sylvamo (nyse: slvm), the world's paper company, is releasing first quarter 2023 earnings. message from the chairman and chief executive officer “we generated $208 million in adjusted ebitda, which was consistent with our outlook of $205 million to $215 million, and achieved a 22% adjusted ebitda margin,” said jean-michel ribiÉras. “we maintained a strong balance sheet and repurchased 80% of our outstanding notes to eliminate restrictive covenants in the notes a.
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