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Sappi delivers solid performance for first financial quarter 2023

8 February 2023
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with another strong performance from the Group which was well above pre-Covid levels and the best ever first quarter results. EBITDA of US$290 million was 21% above the prior year and in line with guidance provided in the previous quarter. The positive results were underpinned by year-on-year pricing gains for paper products which offset cost inflation, lower sales volumes and delivered an EBITDA margin of 17.5%.”
Sappi North America Awarded $1 Million From the Maine Technology Institute as Part of Maine’s Forestry Recovery Initiative
Tuesday, December 20, 2022
Funds will be used to improve productivity and innovation in Sappi’s Maine mills while propelling industry leading projects and sustainable development.
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PaperAge
Paper Age on Sappi - Looking good at 82
Thursday, February 1, 2018
From a single pulp and paper mill producing paper from straw in 1938, Sappi has evolved into a global provider of dissolving pulp, packaging and specialty papers, and graphic papers, as well as biomaterials and biochemicals.
Paper Age on Sappi - Looking good at 82
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Thursday, May 11, 2023
Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q2 FY23 financial results for the period ended March 2023 on Thursday, 11 May 2023, at 09:00 South African time.
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