Rayonier Advanced Materials

Rayonier Advanced Materials, Inc. engages in the production and sale of cellulose products, which is a natural polymer commonly used in the production of cellphones and computer screens, filters, and pharmaceuticals. It operates through the following segments: High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate. The High Purity Cellulose segment manufactures and markets high purity cellulose, which is sold as either cellulose specialties or commodity products in U.S., Canada, and France. The Paperboard segment is composed of paperboard, which is used for printing documents, brochures, promotional materials, packaging, paperback book or catalog covers, file folders, tags, and tickets. The High-Yield Pulp segment is involved in the production of pulp and newsprint in Canada. The Corporate segment consists of the senior management, accounting, information systems, human resources, treasury, tax, and legal administrative functions that provide support services to the operating business units. The company was founded in 1926 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Rayonier Advanced Materials posts robust Q4 results and outlines growth strategy for 2023

Rayonier Advanced Materials delivered strong financial results in Q4 2022, driven by revenue growth, segment performance, and debt reduction efforts.
The company's strategic focus on key segments and investments in growth projects position it well for future success and value creation.
While facing challenges in pricing and productivity, Rayonier Advanced Materials has outlined clear objectives and opportunities for growth and operational enhancement in 2023.

Rayonier Advanced Materials reports strong Q1 performance and strategic growth plans

RYAM's Q1 2023 performance showcased robust revenue growth and improved EBITDA, supported by strategic initiatives and liquidity enhancements.
While facing challenges such as increased corporate expenses and lower CapEx outlook, the company is well-positioned to capitalize on opportunities like refinancing and market demand.
Overall, RYAM's focus on operational efficiency and product value enhancement aligns with its goal of sustainable growth and profitability.

Rayonier Advanced Materials faces challenges but pursues strategic optimization

Rayonier Advanced Materials (RYAM) faced challenges in Q2 2023 with declining EBITDA, but demonstrated resilience with price increases in Cellulose Specialties products.
The company is taking strategic actions to optimize its asset base, reduce costs, and explore options for underperforming businesses like viscose and paper pulp.
Maintaining a strong liquidity position, reducing CapEx, and focusing on strategic initiatives present opportunities for RYAM to enhance profitability and navigate market challenges.
Investor Day announcement and focus on cost reduction actions underscore RYAM's commitment to financial discipline and long-term value creation for stakeholders.

Rayonier Advanced Materials tackles challenges, eyes debt reduction and growth

Rayonier Advanced Materials faced challenges in Q3 but remains focused on debt reduction, strategic asset sales, and future growth initiatives.
The company's emphasis on value over volume, cost reductions, and debt management reflects a proactive approach to financial stability.
Despite market challenges, Rayonier Advanced Materials is optimistic about improved performance in Q4 and ongoing efforts to enhance profitability.
The company's strategic initiatives and focus on strengthening its financial position position it for potential growth opportunities in the future.

Rayonier Advanced Materials reports strong Q4 performance and outlines 2024 initiatives

RYAM's Q4 2023 earnings call highlighted strong financial performance, cost-saving initiatives, and strategic investments in sustainability. The company is focused on transparency, profitability, and debt reduction. Challenges such as market recovery concerns and competition in China were addressed, with initiatives outlined for 2024.

Rayonier Advanced Materials reports robust Q3 performance and sustainability focus

Rayonier Advanced Materials (RYAM) demonstrated strong financial performance in Q3 2024, driven by segmental improvements and proactive debt management.
Despite challenges like the Jesup facility fire, RYAM's strategic focus on sustainability and operational efficiency positions it well for future growth.
Opportunities lie in capital structure optimization, market expansion, and sustainable product innovation, signaling a positive outlook for RYAM.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Rayonier Advanced Materials, Inc. engages in the manufacture of high purity cellulose, paperboard, and high-yield pulp products. It operates through the following segments: High Purity Cellulose, Paperboard, and High-Yield Pulp. The High Purity Cellulose segment manufactures and markets high purity cellulose, which is sold as either cellulose specialties or commodity products in the U.S., Canada, and France. The Paperboard segment produces lightweight multi-ply paperboard products. The High-Yield Pulp segment is involved in the production of bulky high-yield pulp. The company was founded in 1926 and is headquartered in Jacksonville, FL.

RYAM Elects Charles R. Eggert to the Board of Directors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, SVP Finance, will be presenting at Deutsche Bank's 30th Annual Leveraged Finance Conference in Scottsdale, Arizona, on September 20, 2022. About RYAM RYAM is a global leader of cellulose-based technologies, including high purity cellulose specialties, a natural polymer commonly found in filters, food, pharmaceuticals and other industrial applications

RYAM CFO, SVP Finance, to Present at Deutsche Bank Leveraged Finance Conference

This industry leader trades for a 53% discount to its tangible book value. The problems of last few years appear to now be behind it.

Rayonier Is Far Too Cheap

Rayonier Advanced Materials, Inc. (NYSE:RYAM ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Michael Walsh - VP, IR & Treasurer De Lyle Bloomquist - President, CEO & Director Marcus Moeltner - CFO & SVP, Finance Conference Call Participants John Babcock - Bank of America Merrill Lynch Paul Quinn - RBC Capital Markets Roger Spitz - Bank of America Merrill Lynch Paretosh Misra - Berenberg Operator Good morning, and welcome to the Rayonier Advanced Materials Second Quarter 2022 Earnings Conference Call. [Operator Instructions].

Rayonier Advanced Materials, Inc. (RYAM) CEO De Lyle Bloomquist on Q2 2022 Results - Earnings Call Transcript

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $23 million or $(0.36) per diluted share for the quarter ended June 25, 2022, compared to net income of $122 million or $1.89 per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended June 25, 2022, was $25 million or $(0.39) per diluted share, compared to net income from continuing operations of $8 million or $0.13 per d

RYAM Announces Second Quarter 2022 Results

RBC Capital analyst Paul C. Quinn has upgraded the ratings on Rayonier Advanced Materials Inc (NYSE: RYAM) to Outperform from Sector Perform and lowered the price target to $5 (an upside of 60%) from $6.

Why Rayonier Advanced Materials Shares Are Surging Today

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today announced updated Adjusted EBITDA guidance for full year 2022 of approximately $160 million subject to supply chain volatility and timing of sales recognition. Comparatively, the Company delivered $128 million of Adjusted EBITDA in 2021. This updated guidance comes as the planned maintenance outages at all four of the Company's manufacturing facilities is expected to be completed by the end o

RYAM Updates 2022 Adjusted EBITDA Guidance and Reaffirms Commitment to Debt Reduction

Rayonier Advanced Materials (RYAM) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Bears are Losing Control Over Rayonier Advanced Materials (RYAM), Here's Why It's a 'Buy' Now

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today announced that De Lyle W. Bloomquist has been appointed President and Chief Executive Officer of the Company, effective immediately. Mr. Bloomquist succeeds Vito J. Consiglio, who has stepped down as President and Chief Executive Officer of the Company, and as a member of the Company's Board of Directors (the “Board”), with the mutual agreement of the Board. In connection with Mr. Bloomquist'

Rayonier Advanced Materials Appoints De Lyle W. Bloomquist as President and Chief Executive Officer

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC, a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today issued an open letter to RYAM shareholders reaffirming its intention to withhold its vote against two long-tenured members of the Company's Board of Directors, Thomas I. Morgan and Lisa M. Palu

Chatham Asset Management Reaffirms Withhold Vote Against Two Directors at Rayonier Advanced Materials Upcoming Annual Meeting

Rayonier Advanced Materials Inc. (NYSE:RYAM ) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Vito Consiglio – President and Chief Executive Officer Marcus Moeltner – Senior Vice President, Finance and Chief Financial Officer Mickey Walsh – Treasurer and Vice President, Investor Relations Conference Call Participants John Babcock – Bank of America Paretosh Misra – Berenberg Richard Close – Jefferies Paul Quinn – RBC Capital Markets Operator Good morning. Welcome to Rayonier Advanced Materials First Quarter of 2022 Earnings Call.

Rayonier Advanced Materials Inc. (RYAM) CEO Vito Consiglio on Q1 2022 Results - Earnings Call Transcript

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $25 million or $(0.39) per diluted share for the quarter ended March 26, 2022, compared to net loss of $27 million or $(0.43) per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended March 26, 2022 was $24 million or $(0.38) per diluted share, compared to net loss from continuing operations of $16 million or $(0.26) per

Rayonier Advanced Materials Announces First Quarter 2022 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million. The agreement contains a Purchase Price Protection clause whereby the Company is entitled to participate in further stock price appreciation under certain circumstances and for a specified period. Consistent with prior communic

Rayonier Advanced Materials Announces Sale of GreenFirst Forest Products Inc. Shares

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its first quarter 2022 earnings on Tuesday, May 3, 2022 after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 9:00 a.m. EST on Wednesday, May 4, 2022, to discuss these results. Supplemental materials and access to the live audio webcast will be available at www.rayonieram.com. A replay of this webcast will be archived on the company's website shortly

Rayonier Advanced Materials Schedules First Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today issued the following statement in response to Chatham Asset Management LLC's (“Chatham”) open letter to stockholders: The Rayonier Board of Directors is committed to acting in the best interest of its stockholders and has a track record of stockholder engagement. The Company's management team has attempted to engage constructively with Chatham regarding the refinancing of the Company's Senior

Rayonier Advanced Materials Comments on Letter from Chatham Asset Management

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today issued an open letter to RYAM shareholders stating Chatham's intent to withhold its vote against two long-tenured members of the Company's Board of Directors (the “Board”), Thomas I

Chatham Asset Management Issues Open Letter to Rayonier Advanced Materials Shareholders

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a pioneer in the production of fluff pulp, today announced that it qualifies as an “Inspected Raw Material” by Nordic Swan Ecolabelling. The Nordic Swan Ecolabel sets strict environmental requirements in all phases of manufacturing, including requirements for eco-friendly chemicals used in ecolabeled products. The status will appear on products made with RYAM's fluff pulp and indicates to consumer

Rayonier Advanced Materials' Receives Nordic Swan Qualification for Sustainable Fluff Pulp Manufacturing Practices

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today sent a letter to RYAM's Board of Directors (the “Board”) regarding its response to Chatham's proposed refinancing transaction and the Board's adoption of an entrenching stockholder

Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors Regarding Proposed Refinancing Transaction and Adoption of Stockholder Rights Plan

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company "), a global leader of high purity cellulose, announced today a cost surcharge of USD 146 (EUR 133) per metric ton applicable to all shipments of its cellulose specialties and viscose-grade products. This surcharge is necessitated by the impacts of rapidly escalating inflation and directly correlates to the significant increase in the Company's costs for energy, logistics, chemicals, and wood. “In th

Rayonier Advanced Materials Announces $146 (€133) per ton Cost Surcharge

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) issued the following statement today in response to the March 17, 2022 letter from Chatham Asset Management, LLC (“Chatham”) sent to the independent members of Company's Board of Directors. On March 15, 2022, Chatham provided a term sheet proposing that the Company refinance the Company's 5.5% Senior Notes maturing in June 2024 (the “Senior Notes”). The Company responded on March 16, 2022, that it

Rayonier Advanced Materials Issues Statement Regarding Letter from Chatham Asset Management

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) announced today that its Board of Directors adopted a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one preferred share purchase right on each outstanding share of Company common stock. The Rights Plan is intended to enable all Company stockholders to realize the long-term value of their investment in the Company and is designed to protect all

Rayonier Advanced Materials Adopts Short-Term Stockholder Rights Plan

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM) and is a substantial bondholder of the Company, today sent a letter to the independent members of RYAM's Board of Directors (the “Board”) expressing its concerns that management is not taking action quickly enough to proactively addres

Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) announced today that it granted an award of Leveraged Performance Units (“LPUs”) with a target value of $1,500,000 to its recently appointed Chief Executive Officer Vito J. Consiglio, pursuant to its letter agreement with Mr. Consiglio, dated December 5, 2021. The actual number of LPUs earned will be based on share price growth from the average of the closing market price of Company common stock during the 20 tra

Rayonier Advanced Materials Inc. Grants Vito J. Consiglio Inducement Awards Pursuant to NYSE RULE 303A.08

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $24 million or $0.38 per diluted share for the quarter ended December 31, 2021, compared to net income of $9 million or $0.14 per diluted share for the same prior year quarter. The net loss from continuing operations for the quarter ended December 31, 2021 was $28 million or $0.45 per diluted share, compared to net loss from continuing operations of $29 million or $0.46 per d

Rayonier Advanced Materials Announces Fourth Quarter and Full Year 2021 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) today announced the release of its 2021 Environmental, Social and Governance (ESG) Report. The report details the Company's accomplishments, progress and commitments with respect to its careful stewardship of tremendous assets and valuable resources. In the report, the Company communicates its goal of a 40 percent reduction in scope 1 and scope 2 greenhouse gas (GHG) emissions by 2030 versus a 2020

News for Rayonier Advanced Materials Stock (RYAM)