Printing & Writing Papers

Sylvamo's Q3 2023 net income from continuing operations was $58 million ($1.37 per diluted share) compared to $49 million ($1.14 per diluted share) in the Q2 2023. Adjusted EBITDA (non-GAAP) was $158 million (18% margin).

U.S. import prices increased 0.1% in September following a 0.6% advance in August. Prices for U.S. exports rose 0.7% in September, after increasing 1.1% the previous month. Over the past year, import prices dropped 1.7% and export prices fell 4.1%.

In January-July, the volume of wood imports totalled 3.14 million cubic metres and increased by 3% compared to the previous year. Imports of pulpwood were 28% higher than in the previous year. The import volume of chips decreased by 28% and that of logs by 15%.

The Iberpapel Group has signed the definitive agreement for the sale of the forestry assets in Uruguay on a total of 11,280 hectares. Through this $57 million transaction, the company has disposed of 40% of its forestry assets.